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Argo Properties NV (XTAE:ARGO) Tax Rate % : 11.28% (As of Jun. 2024)


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What is Argo Properties NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Argo Properties NV's Tax Expense for the three months ended in Jun. 2024 was ₪3.4 Mil. Argo Properties NV's Pre-Tax Income for the three months ended in Jun. 2024 was ₪30.5 Mil. Therefore, Argo Properties NV's Tax Rate % for the quarter that ended in Jun. 2024 was 11.28%.

Argo Properties NV Tax Rate % Historical Data

The historical data trend for Argo Properties NV'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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Argo Properties NV Tax Rate % Chart

Argo Properties NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
15.18 15.62 14.83 15.82 14.55

Argo Properties NV Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 9.93 15.93 12.03 18.64 11.28

Argo Properties NV Tax Rate % Calculation

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

Argo Properties NV'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 )
=-29.038/-199.532
=14.55 %

Argo Properties NV's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=3.436/30.474
=11.28 %

* 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.

Argo Properties NV Tax Rate % Related Terms

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Argo Properties NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Argo Properties NV (XTAE:ARGO) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Karl-Liebknecht-Strasse 2a, Leipzig, SN, DEU, 04107
Website
https://www.argo-nv.com
Argo Properties NV is a foreign company engaged in the purchase, management, and rental of residential and office buildings in Germany. The company's segment includes Income generating residential real estate and Income generating real estate for development. It generates maximum revenue from the Income generating residential real estate segment.