Ring Net Co (XKRX:042500) Tax Rate % : 25.44% (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Ring Net Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ring Net Co's Tax Expense for the three months ended in Mar. 2024 was ₩1,002 Mil. Ring Net Co's Pre-Tax Income for the three months ended in Mar. 2024 was ₩3,939 Mil. Therefore, Ring Net Co's Tax Rate % for the quarter that ended in Mar. 2024 was 25.44%.

Ring Net Co Tax Rate % Historical Data

The historical data trend for Ring Net Co'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.

Ring Net Co Tax Rate % Chart

Ring Net Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

25.24

26.73

19.12

24.96

20.41

Ring Net Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															21.38	18.62	22.15	19.06	25.44

Ring Net Co Tax Rate % Calculation

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

Ring Net Co'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 )
	=	3279.611	/	16068.392
	=	20.41 %

Ring Net Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	1001.907	/	3938.762
	=	25.44 %

Ring Net Co Tax Rate % Related Terms

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

Ring Net Co (XKRX:042500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ring Net Co Ltd (XKRX:042500) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27, No. 409, Samsung IT Valley, 4th Floor, Guro-gu, Seoul, KOR

Website

http://www.ringnet.co.kr

Ring Net Co Ltd is a specialized ICT service company. It offers solutions in the business areas of Network integration, System integration, Advanced service, Cloud, Collaboration and Security. System integration establishes an optimum information system through convergence and integration of complex IT resources; Network Integration relates to building network architecture and optimizing network infrastructure; Advanced Service provides services according to IT life cycle for consulting, construction, maintenance, and optimization; Cloud service provides virtualization, server and storage solutions for cloud computing environments; Collaboration covers IT telephony, unified communication, video conference and CCTV solution; and Security area provides security solutions.

Ring Net Co (XKRX:042500) Headlines

No Headlines