GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sagarmatha Lumbini Insurance Co Ltd (XNEP:SALICO) » Definitions » Tax Rate %

Sagarmatha Lumbini Insurance Co (XNEP:SALICO) Tax Rate % : 30.00% (As of Apr. 2024)


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

What is Sagarmatha Lumbini Insurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sagarmatha Lumbini Insurance Co's Tax Expense for the three months ended in Apr. 2024 was NPR118 Mil. Sagarmatha Lumbini Insurance Co's Pre-Tax Income for the three months ended in Apr. 2024 was NPR392 Mil. Therefore, Sagarmatha Lumbini Insurance Co's Tax Rate % for the quarter that ended in Apr. 2024 was 30.00%.

Sagarmatha Lumbini Insurance Co Tax Rate % Historical Data

The historical data trend for Sagarmatha Lumbini Insurance 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.

Sagarmatha Lumbini Insurance Co Tax Rate % Chart

Sagarmatha Lumbini Insurance Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.84 29.29 29.25 30.97 43.78

Sagarmatha Lumbini Insurance Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 30.00 83.54 30.00 30.00 30.00

Sagarmatha Lumbini Insurance Co Tax Rate % Calculation

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

Sagarmatha Lumbini Insurance Co's Tax Rate % for the fiscal year that ended in Jul. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jul. 2023 )/Pre-Tax Income (A: Jul. 2023 )
=257.751/588.774
=43.78 %

Sagarmatha Lumbini Insurance Co's Tax Rate % for the quarter that ended in Apr. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Apr. 2024 )/Pre-Tax Income (Q: Apr. 2024 )
=117.67/392.232
=30.00 %

* 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.

Sagarmatha Lumbini Insurance Co Tax Rate % Related Terms

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

Sagarmatha Lumbini Insurance Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sagarmatha Lumbini Insurance Co Ltd (XNEP:SALICO) » Definitions » Tax Rate %
Comparable Companies
XNEP:NLG XNEP:NIL XNEP:LGIL BRK.A XTER:ALV XSWX:ZURN XPAR:CS AIG MIL:G TSX:SLF OHEL:SAMPO HIG PFG XSWX:SLHN ACGL LSE:AV. XAMS:NN OCSE:TRYG EQH BSP:BBSE3
Traded in Other Exchanges
N/A
Address
Bhagwati Marg, Naxal, Surakshan Bhawan, Kathmandu, NPL
Website
https://www.salico.com.np
Sagarmatha Lumbini Insurance Co Ltd provides various non-life insurance products through its province offices, branches, sub-branches, and network of agents. The company's business segments based on the different types of insurances it offers are; Property, Motor, Marine, Engineering, Micro, Aviation, Cattle and Crop, and Miscellaneous. It operates predominantly in Nepal.

Sagarmatha Lumbini Insurance Co Headlines

No Headlines