GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Enterprise Group Ltd (XGHA:EGL) » Definitions » Tax Rate %

Enterprise Group (XGHA:EGL) Tax Rate % : 29.30% (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Enterprise Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Enterprise Group's Tax Expense for the six months ended in Dec. 2023 was GHS80.0 Mil. Enterprise Group's Pre-Tax Income for the six months ended in Dec. 2023 was GHS273.2 Mil. Therefore, Enterprise Group's Tax Rate % for the quarter that ended in Dec. 2023 was 29.30%.

Enterprise Group Tax Rate % Historical Data

The historical data trend for Enterprise Group'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.

Enterprise Group Tax Rate % Chart

Enterprise Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.67 16.40 19.74 33.63 29.30

Enterprise Group Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.67 16.40 19.74 33.63 29.30

Enterprise Group Tax Rate % Calculation

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

Enterprise Group'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 )
=80.038/273.177
=29.30 %

Enterprise Group's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=80.038/273.177
=29.30 %

* 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.

Enterprise Group Tax Rate % Related Terms

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

Enterprise Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Enterprise Group Ltd (XGHA:EGL) » Definitions » Tax Rate %
Comparable Companies
SHSE:601628 SHSE:601318 HKSE:01299 AFL BOM:543526 MET TSX:MFC SHSE:601601 PRU TPE:2881 TSX:GWO TSE:8750 TPE:2882 LSE:PRU TSX:POW SHSE:601336 BOM:540719 BOM:540777 UNM TSE:8795
Traded in Other Exchanges
N/A
Address
Mayor Road, Ridge West, Accra, Advantage Place, Accra, GHA, PMB 150
Website
https://www.myenterprisegroup.io
Enterprise Group Ltd is engaged in the business of investments, life, non-life and health insurance underwriting, pensions funds management, provision of funeral services and real estate development and management. It also underwrites insurance risks, associated with death, disability, health, property, and liability. The company is organized into seven operating segments. These segments are Non-life insurance business; Life assurance business; Health insurance business, Pension administration; Real estate; Funeral services; and Investments. The company derives its revenues from Non Life insurance business.