Michlol Finance (XTAE:MCLL) Tax Rate % : 23.94% (As of Mar. 2024)

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What is Michlol Finance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Michlol Finance's Tax Expense for the three months ended in Mar. 2024 was ₪3.93 Mil. Michlol Finance's Pre-Tax Income for the three months ended in Mar. 2024 was ₪16.40 Mil. Therefore, Michlol Finance's Tax Rate % for the quarter that ended in Mar. 2024 was 23.94%.

Michlol Finance Tax Rate % Historical Data

The historical data trend for Michlol Finance'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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Michlol Finance Tax Rate % Chart

Michlol Finance Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

39.86

45.87

25.77

23.56

Michlol Finance Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial												22.42	25.31	24.65	21.81	23.94

Michlol Finance Tax Rate % Calculation

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

Michlol Finance'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 )
	=	12.643	/	53.668
	=	23.56 %

Michlol Finance's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	3.926	/	16.398
	=	23.94 %

Michlol Finance Tax Rate % Related Terms

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Michlol Finance (XTAE:MCLL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Michlol Finance Ltd (XTAE:MCLL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Masada 7, BSR 4, 17th Floor, Bnei Brak, ISR

Website

https://www.michlol-fin.co.il

Michlol Finance Ltd is a non-bank credit company that provides financing with closed support to entrepreneurs and construction companies.

Michlol Finance (XTAE:MCLL) Headlines

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