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Kia (XKRX:000270) Tax Rate % : 35.87% (As of Dec. 2023)


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What is Kia Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kia's Tax Expense for the three months ended in Dec. 2023 was ₩906,322 Mil. Kia's Pre-Tax Income for the three months ended in Dec. 2023 was ₩2,526,375 Mil. Therefore, Kia's Tax Rate % for the quarter that ended in Dec. 2023 was 35.87%.

Kia Tax Rate % Historical Data

The historical data trend for Kia'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.

Kia Tax Rate % Chart

Kia 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 27.83 19.21 25.55 27.90 30.76

Kia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.57 32.53 23.50 33.24 35.87

Kia Tax Rate % Calculation

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

Kia'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 )
=3899527/12677344
=30.76 %

Kia'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 )
=906322/2526375
=35.87 %

* 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.

Kia Tax Rate % Related Terms

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Kia (XKRX:000270) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kia Corp (XKRX:000270) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
12 Heolleung-ro, Seocho-gu, Seoul, KOR, 06797
Website
https://www.kia.com
Kia Corp is a Korean motor-vehicle manufacturer. While the company has factories in several countries, the majority of vehicles are manufactured domestically. The company's consolidated revenue is principally derived from the manufacture of passenger vehicles, with another third from recreational vehicles, and a small footprint in commercial vehicles. The three largest individual countries together constitute more than half of total retail sales, with the United States contributing the largest portion, followed closely by China and then Korea.

Kia (XKRX:000270) Headlines

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