Arabian Steel Pipes Manufacturing (AMM:ASPMM) Tax Expense: JOD Mil (TTM As of . 20)


What is Arabian Steel Pipes Manufacturing Tax Expense?

Arabian Steel Pipes Manufacturing AMM:ASPMM -0.45% Tax Expense is JOD Mil as of . 20.

Arabian Steel Pipes Manufacturing's tax expense for the months ended in . 20 was JOD0.00 Mil.

Arabian Steel Pipes Manufacturing  (AMM:ASPMM) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.

Arabian Steel Pipes Manufacturing Tax Expense Related Terms

Arabian Steel Pipes Manufacturing Tax Expense Historical Data

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The historical data trend for Arabian Steel Pipes Manufacturing's Tax Expense 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.

Arabian Steel Pipes Manufacturing Tax Expense Chart

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Arabian Steel Pipes Manufacturing Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of JOD Mil mean?
Arabian Steel Pipes Manufacturing (AMM:ASPMM) has a Tax Expense of JOD Mil as of . 20. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Arabian Steel Pipes Manufacturing and its competitors.
Is Arabian Steel Pipes Manufacturing's Tax Expense too high?
Arabian Steel Pipes Manufacturing's current Tax Expense is JOD Mil.
How does Arabian Steel Pipes Manufacturing's Tax Expense compare to competitors?
Arabian Steel Pipes Manufacturing's Tax Expense of JOD Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Steel company?
A good Tax Expense depends on the Steel industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Arabian Steel Pipes Manufacturing and its competitors. Arabian Steel Pipes Manufacturing's current Tax Expense is JOD Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arabian Steel Pipes Manufacturing stock overvalued right now?
Arabian Steel Pipes Manufacturing (AMM:ASPMM) has a current Tax Expense of JOD Mil. The current Tax Expense is JOD Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Arabian Steel Pipes Manufacturing (AMM:ASPMM), the current Tax Expense is JOD Mil as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Arabian Steel Pipes Manufacturing Business Description

Address 13 Amman Industrial Estate, Sahab, Amman, JOR, 11512
Arabian Steel Pipes Manufacturing is engaged in manufacturing steel pipes and tubes. Its products include circular, square, and rectangular steel tubes, electrical power transmission poles, 3LPE Coated Pipes, telecom towers, riser pipes, and much more. The company is also engaged in import and export, general trade, and production of electrical poles of all kinds, tubular, polygon, communication poles, forming sheet metal, manufacturing components of metal structures for special use, and general galvanizing. It includes the production of iron towers and their parts for high and medium-pressure electricity extension networks, communication towers, lighting towers, and insulation of pipes by all methods of insulation.