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Al Mashriq Insurance Co (XPAE:MIC) Tax Rate % : 38.37% (As of Dec. 2024)


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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 Dec. 2024 was $0.40 Mil. Al Mashriq Insurance Co's Pre-Tax Income for the three months ended in Dec. 2024 was $1.05 Mil. Therefore, Al Mashriq Insurance Co's Tax Rate % for the quarter that ended in Dec. 2024 was 38.37%.

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.

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Al Mashriq Insurance Co Tax Rate % Chart

Al Mashriq Insurance Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.96 20.40 15.85 52.44 44.19

Al Mashriq Insurance Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 59.86 30.30 43.28 -5.51 38.37

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. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=0.814/1.842
=44.19 %

Al Mashriq Insurance Co's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0.401/1.045
=38.37 %

* 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.

Al Mashriq Insurance Co Tax Rate % Related Terms

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Al Mashriq Insurance Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al Mashriq Insurance Co (XPAE:MIC) » Definitions » Tax Rate %
Comparable Companies
XPAE:GUI XPAE:TIC XPAE:TRUST XPAE:NIC BRK.A XTER:ALV XSWX:ZURN XPAR:CS MIL:G AIG ACGL TSX:SLF XSWX:SLHN OHEL:SAMPO XTER:TLX LSE:AV. XAMS:NN OCSE:TRYG BSP:BBSE3 XAMS:ASRNL
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.