Elspec Engineering (XTAE:ELSPC) Tax Rate % : 5.78% (As of Jun. 2024)

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What is Elspec Engineering Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Elspec Engineering's Tax Expense for the six months ended in Jun. 2024 was ₪0.56 Mil. Elspec Engineering's Pre-Tax Income for the six months ended in Jun. 2024 was ₪9.69 Mil. Therefore, Elspec Engineering's Tax Rate % for the quarter that ended in Jun. 2024 was 5.78%.

Elspec Engineering Tax Rate % Historical Data

The historical data trend for Elspec Engineering'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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Elspec Engineering Tax Rate % Chart

Elspec Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.92

9.25

7.74

10.49

5.91

Elspec Engineering Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial														11.46	7.16	6.32	5.34	5.78

Elspec Engineering Tax Rate % Calculation

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

Elspec Engineering'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 )
	=	0.685	/	11.593
	=	5.91 %

Elspec Engineering'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 )
	=	0.56	/	9.691
	=	5.78 %

Elspec Engineering Tax Rate % Related Terms

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Elspec Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elspec Engineering Ltd (XTAE:ELSPC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 HaShoham Street, Zone 23, Caesarea Industrial Park, P.O. Box 3019, Caesarea, ISR, 38900

Website

http://www.elspec-ltd.com

Elspec Engineering Ltd is a provider of power quality solutions & services. It provides electrical power quality analyzers, real-time power factor correction systems, and energy saving solutions to the industrial, commercial, and utility industries. It has three research and development departments such as software and signal processing engineers, hardware analog, digital and power electricians.

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