Ayalon Insurance Co (XTAE:AYAL) Tax Rate % : 41.49% (As of Dec. 2023)

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What is Ayalon Insurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ayalon Insurance Co's Tax Expense for the three months ended in Dec. 2023 was ₪31 Mil. Ayalon Insurance Co's Pre-Tax Income for the three months ended in Dec. 2023 was ₪74 Mil. Therefore, Ayalon Insurance Co's Tax Rate % for the quarter that ended in Dec. 2023 was 41.49%.

Ayalon Insurance Co Tax Rate % Historical Data

The historical data trend for Ayalon 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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Ayalon Insurance Co Tax Rate % Chart

Ayalon Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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14.83

15.88

-4.76

15.11

32.94

Ayalon Insurance Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															1,848.40	105.18	-42.47	30.87	41.49

Ayalon Insurance Co Tax Rate % Calculation

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

Ayalon Insurance Co'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 )
	=	35.893	/	108.961
	=	32.94 %

Ayalon Insurance Co's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	30.789	/	74.213
	=	41.49 %

Ayalon Insurance Co Tax Rate % Related Terms

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Ayalon Insurance Co (XTAE:AYAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ayalon Insurance Co (XTAE:AYAL) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

12 Abba Hillel Silver Street, Ramat Gan, ISR, 52008

Website

https://www.ayalon-ins.co.il

Ayalon Insurance Co is a holding company and act as a management and consulting services provider. It provides life and general insurance products and services. The company offers insurance policies including car insurance, car possession insurance, property cover, life insurance that covers sickness, disability and death. It also provides mortgage insurance.

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