Al Mashriq Insurance Co (XPAE:MIC) Tax Rate % : -138.20% (As of Sep. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Al Mashriq Insurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Al Mashriq Insurance Co's Tax Expense for the three months ended in Sep. 2023 was $0.12 Mil. Al Mashriq Insurance Co's Pre-Tax Income for the three months ended in Sep. 2023 was $-0.09 Mil. Therefore, Al Mashriq Insurance Co's Tax Rate % for the quarter that ended in Sep. 2023 was -138.20%.

Al Mashriq Insurance Co Tax Rate % Historical Data

The historical data trend for Al Mashriq 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.

Al Mashriq Insurance Co Tax Rate % Chart

Al Mashriq Insurance Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

Get a 7-Day Free Trial

29.31

12.58

29.96

20.40

14.85

Al Mashriq Insurance Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Tax Rate %	Get a 7-Day Free Trial															8.89	7.43	25.92	518.18	-138.20

Al Mashriq Insurance Co Tax Rate % Calculation

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

Al Mashriq Insurance Co's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	0.565	/	3.804
	=	14.85 %

Al Mashriq Insurance Co's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	0.123	/	-0.089
	=	-138.20 %

Al Mashriq Insurance Co Tax Rate % Related Terms

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

Al Mashriq Insurance Co (XPAE:MIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al Mashriq Insurance Co (XPAE:MIC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 1600, Ramallah, PSE

Website

https://www.mashreqins.com

Al Mashriq Insurance Co is engaged in the provision of insurance, re-insurance related services. Its products are Engineering Insurance, General Accident Insurance, Personal Insurance, Marine Insurance, Fire Insurance, Vehicle Insurance, Propety Insurance, Civil Liability Insurance and Travel Insurance.