Argo Properties NV (XTAE:ARGO) Tax Rate % : 15.93% (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

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 Sep. 2023 was ₪-5.3 Mil. Argo Properties NV's Pre-Tax Income for the three months ended in Sep. 2023 was ₪-33.0 Mil. Therefore, Argo Properties NV's Tax Rate % for the quarter that ended in Sep. 2023 was 15.93%.

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.

* Premium members only.

Argo Properties NV Tax Rate % Chart

Argo Properties NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Tax Rate %

15.18

15.62

14.83

15.82

Argo Properties NV Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Tax Rate %	Get a 7-Day Free Trial											14.40	21.38	18.15	9.91	15.93

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. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	20.256	/	128.058
	=	15.82 %

Argo Properties NV'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 )
	=	-5.26	/	-33.014
	=	15.93 %

Argo Properties NV Tax Rate % Related Terms

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

Argo Properties NV (XTAE:ARGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Argo Properties NV (XTAE:ARGO) » Definitions » Tax Rate %

Comparable Companies

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.