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Opal Balance Investments (XTAE:OPAL) Tax Rate % : 22.58% (As of Mar. 2024)


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What is Opal Balance Investments Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Opal Balance Investments's Tax Expense for the three months ended in Mar. 2024 was ₪1.75 Mil. Opal Balance Investments's Pre-Tax Income for the three months ended in Mar. 2024 was ₪7.77 Mil. Therefore, Opal Balance Investments's Tax Rate % for the quarter that ended in Mar. 2024 was 22.58%.


Opal Balance Investments Tax Rate % Historical Data

The historical data trend for Opal Balance Investments'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.

Opal Balance Investments Tax Rate % Chart

Opal Balance Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.56 24.48 23.03 22.97 23.17

Opal Balance Investments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 23.17 23.25 23.11 23.13 22.58

Opal Balance Investments Tax Rate % Calculation

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

Opal Balance Investments'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 )
=7.953/34.33
=23.17 %

Opal Balance Investments'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 )
=1.754/7.767
=22.58 %

* 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.


Opal Balance Investments Tax Rate % Related Terms

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Opal Balance Investments (XTAE:OPAL) Business Description

Traded in Other Exchanges
N/A
Address
47 Jabotinsky St., Ashdod, ISR, 65180
Opal Balance Investments Ltd offers various financing and cash solutions.