Orbit Technologies (XTAE:ORBI) Tax Rate % : 17.70% (As of Dec. 2024)

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What is Orbit Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Orbit Technologies's Tax Expense for the three months ended in Dec. 2024 was ₪2.9 Mil. Orbit Technologies's Pre-Tax Income for the three months ended in Dec. 2024 was ₪16.1 Mil. Therefore, Orbit Technologies's Tax Rate % for the quarter that ended in Dec. 2024 was 17.70%.

Orbit Technologies Tax Rate % Historical Data

The historical data trend for Orbit Technologies'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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Orbit Technologies Tax Rate % Chart

Orbit Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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1.45

-9.54

13.41

16.07

15.48

Orbit Technologies Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial												15.50	12.40	14.43	15.99	17.70

Orbit Technologies Tax Rate % Calculation

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

Orbit Technologies'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 )
	=	7.936	/	51.253
	=	15.48 %

Orbit Technologies'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 )
	=	2.854	/	16.122
	=	17.70 %

Orbit Technologies Tax Rate % Related Terms

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Orbit Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Orbit Technologies Ltd (XTAE:ORBI) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8D Hatzoran Street, PO Box 8657, Netanya, ISR, 4250608

Website

https://www.orbit-cs.com

Orbit Technologies Ltd is a provider of airborne communications, satellite-tracking, maritime, ground-station and new space solutions for commercial and government establishments. Its products include Audio Management System, Maritime SATCOM, Airborne Audio Management System, Maritime SATCOM, etc.

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