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Elco (XTAE:ELCO) Tax Rate % : 65.36% (As of Dec. 2024)


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What is Elco Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Elco's Tax Expense for the three months ended in Dec. 2024 was ₪28 Mil. Elco's Pre-Tax Income for the three months ended in Dec. 2024 was ₪43 Mil. Therefore, Elco's Tax Rate % for the quarter that ended in Dec. 2024 was 65.36%.


Elco Tax Rate % Historical Data

The historical data trend for Elco'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.

Elco Tax Rate % Chart

Elco 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 25.81 18.13 31.24 -17.11 -45.71

Elco 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 4.35 -35.47 20.40 165.14 65.36

Elco Tax Rate % Calculation

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

Elco'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 )
=32/-70
=-45.71 %

Elco'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 )
=28.047/42.914
=65.36 %

* 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.


Elco Tax Rate % Related Terms

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Elco Business Description

Traded in Other Exchanges
N/A
Address
98 Yigal Alon Street, Electra Tower, 50th Floor, Tel Aviv, ISR, 978914
Elco Ltd is engaged in diverse industries such as construction, infrastructure, consumer electronics, telecommunications, entertainment, and others. The company has three segments namely Electra segment which operates in the field of services for buildings and infrastructures in Israel and abroad. Its Electra Consumer Products segment includes importing, manufacturing, exporting, marketing, selling, and distributing electrical consumer products and the provision of services for products. The Electra Real Estate segment operates in the field of the purchase, management, and enhancement of housing complexes for rental in the South Eastern United States.

Elco Headlines