UTX (Ultratrex) Tax Rate %: 31.95% (As of Dec. 2024)

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What is Ultratrex Tax Rate %?

Ultratrex UTX Tax Rate % is 31.95% as of Dec. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ultratrex's Tax Expense for the six months ended in Dec. 2024 was $0.47 Mil. Ultratrex's Pre-Tax Income for the six months ended in Dec. 2024 was $1.47 Mil. Therefore, Ultratrex's Tax Rate % for the quarter that ended in Dec. 2024 was 31.95%.

Ultratrex Tax Rate % Related Terms

Ultratrex Tax Rate % Historical Data

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The historical data trend for Ultratrex'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.

Ultratrex Tax Rate % Chart

Ultratrex Annual Data
Trend Jun23 Jun24
Tax Rate %
-24.36 27.01

Ultratrex Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
Tax Rate % 0.00 25.33 31.78 31.95

Ultratrex Tax Rate % Calculation

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

Ultratrex's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=1.535/5.683
=27.01 %

Ultratrex's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0.47/1.471
=31.95 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 31.95% mean?
Ultratrex (UTX) has a Tax Rate % of 31.95% as of Dec. 2024.
Is Ultratrex's Tax Rate % too high?
Ultratrex's current Tax Rate % is 31.95%.
How does Ultratrex's Tax Rate % compare to ?
Ultratrex's Tax Rate % of 31.95% can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Farm & Heavy Construction Machinery company?
A good Tax Rate % depends on the Farm & Heavy Construction Machinery industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Ultratrex's current Tax Rate % is 31.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultratrex stock overvalued right now?
Ultratrex (UTX) has a current Tax Rate % of 31.95%. The current Tax Rate % is 31.95%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Ultratrex (UTX), the current Tax Rate % is 31.95% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ultratrex Business Description

Comparable Companies
Address 220 Orchard Road, Unit 05-02, Midpoint Orchard, Singapore, SGP, 238852
Ultratrex Inc is a holding company engaged in the manufacturing, trading and leasing of amphibious excavators, dredgers, machineries and amphibious harvesters, leasing of all kinds of hydraulic cranes, related heavy machineries and spare parts, as well as import and export of heavy machineries and related business. The Group operates in a single business segment involving manufacturing, trading and leasing of amphibious excavators, dredgers machineries and amphibious harvesters, and leasing of hydraulic cranes, related heavy machineries and spare parts. Its main revenue is generated mainly from the manufacturing and sale of amphibious vehicles and spare parts. The Group operates across Asia Pacific with majority of revenue, Europe, the Middle East, Africa, South America and North America.