TTOFF (Tofas Turk Otomobil Fabrikasi AS) Tax Rate % : -61.18% (As of Jun. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Tofas Turk Otomobil Fabrikasi AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tofas Turk Otomobil Fabrikasi AS's Tax Expense for the three months ended in Jun. 2024 was $-15 Mil. Tofas Turk Otomobil Fabrikasi AS's Pre-Tax Income for the three months ended in Jun. 2024 was $25 Mil. Therefore, Tofas Turk Otomobil Fabrikasi AS's Tax Rate % for the quarter that ended in Jun. 2024 was -61.18%.

Tofas Turk Otomobil Fabrikasi AS Tax Rate % Historical Data

The historical data trend for Tofas Turk Otomobil Fabrikasi AS's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tofas Turk Otomobil Fabrikasi AS Tax Rate % Chart

Tofas Turk Otomobil Fabrikasi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

-1.72

2.55

6.57

13.03

17.70

Tofas Turk Otomobil Fabrikasi AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Tax Rate %	Get a 7-Day Free Trial															14.69	5.13	44.04	4.97	-61.18

Tofas Turk Otomobil Fabrikasi AS Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Tofas Turk Otomobil Fabrikasi AS's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	111.53	/	630.251
	=	17.70 %

Tofas Turk Otomobil Fabrikasi AS's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	-15.022	/	24.552
	=	-61.18 %

Tofas Turk Otomobil Fabrikasi AS Tax Rate % Related Terms

Thank you for viewing the detailed overview of Tofas Turk Otomobil Fabrikasi AS's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tofas Turk Otomobil Fabrikasi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tofas Turk Otomobil Fabrikasi AS (GREY:TTOFF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TOASO:Turkey

Address

Buyukdere Cad. No: 145 Tofas Han, Zincirlikuyu, Istanbul, TUR, 34394

Website

https://www.tofas.com.tr

Tofas Turk Otomobil Fabrikasi AS is a Turkish automotive manufacturer of both passenger cars and light commercial vehicles. Its core business s manufacturing, exporting and selling passenger cars and light commercial vehicles under licenses of Fiat Chrysler Automobiles S.p.A. (Fiat). The company manufactures for a range of passenger cars i.e. Fiat Linea, Egea models, and others. Tofas also acts as a distributor of the Fiat, Alfa Romeo, Jeep, Lancia, Maserati, and Ferrari brands in Turkey. It also produces various automotive spare parts used in its automobiles. The company has three business divisions namely Automobile, Trading of spare parts, and Consumer finance.

Tofas Turk Otomobil Fabrikasi AS Headlines

No Headlines