Grupo Melo (XPTY:MELO) Tax Rate % : 23.69% (As of Mar. 2024)

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What is Grupo Melo Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grupo Melo's Tax Expense for the three months ended in Mar. 2024 was $0.8 Mil. Grupo Melo's Pre-Tax Income for the three months ended in Mar. 2024 was $3.3 Mil. Therefore, Grupo Melo's Tax Rate % for the quarter that ended in Mar. 2024 was 23.69%.

Grupo Melo Tax Rate % Historical Data

The historical data trend for Grupo Melo'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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Grupo Melo Tax Rate % Chart

Grupo Melo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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12.34

4.18

25.65

26.84

18.17

Grupo Melo 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															23.59	19.41	20.76	14.03	23.69

Grupo Melo Tax Rate % Calculation

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

Grupo Melo'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 )
	=	4.028	/	22.164
	=	18.17 %

Grupo Melo'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 )
	=	0.789	/	3.331
	=	23.69 %

Grupo Melo Tax Rate % Related Terms

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Grupo Melo (XPTY:MELO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Grupo Melo SA (XPTY:MELO) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Espana Rio Abajo, Building 2313, P.O. Box 0816-07582, Panama City, PAN

Website

http://www.grupomelo.com.pa

Grupo Melo SA is engaged in the production, processing, distribution, and marketing of food. The company also distributes machinery for agriculture and construction and develops and promotes real estate. Its brand profile include COMASA, ISUZU, MELO, and BREDOS among others.

Grupo Melo (XPTY:MELO) Headlines

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