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Michman Finance (XTAE:MCMN) Tax Rate % : 34.28% (As of Dec. 2024)


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What is Michman Finance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Michman Finance's Tax Expense for the three months ended in Dec. 2024 was ₪4.8 Mil. Michman Finance's Pre-Tax Income for the three months ended in Dec. 2024 was ₪13.9 Mil. Therefore, Michman Finance's Tax Rate % for the quarter that ended in Dec. 2024 was 34.28%.

Michman Finance Tax Rate % Historical Data

The historical data trend for Michman 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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Michman Finance Tax Rate % Chart

Michman Finance Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial -170.41 27.93 23.78 25.50 26.76

Michman Finance Quarterly Data
Dec19 Dec20 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 29.61 23.31 22.33 25.25 34.28

Michman Finance Tax Rate % Calculation

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

Michman Finance'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 )
=12.96/48.432
=26.76 %

Michman Finance'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 )
=4.75/13.855
=34.28 %

* 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.

Michman Finance Tax Rate % Related Terms

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Michman Finance Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Michman Finance Ltd (XTAE:MCMN) » Definitions » Tax Rate %
Comparable Companies
XTAE:MCLL XTAE:PEN XTAE:MLRN XTAE:SRAC XTAE:JCFN XTAE:BRKT XTAE:BLND XTAE:BULL-M XTAE:MNIF XTAE:NAWI V MA AXP COF BOM:500034 PYPL DFS SYF BOM:543257 BOM:532810
Traded in Other Exchanges
N/A
Address
BSR Towers 3, 29th Floor, Bnei Brak, ISR, 5126237
Website
https://www.michman-loans.co.il
Michman Finance Ltd is engaged in providing a variety of loans and non-bank services to businesses. The products of the company comprise Discount checks, Extended license, Import financing, Business Mediation loans, and Extended license, among others.

Michman Finance Headlines

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