Jordan International Trading Center (AMM:JITC) Tax Expense: JOD Mil (TTM As of . 20)


What is Jordan International Trading Center Tax Expense?

Jordan International Trading Center AMM:JITC Tax Expense is JOD Mil as of . 20.

Jordan International Trading Center's tax expense for the months ended in . 20 was JOD0.00 Mil.

Jordan International Trading Center  (AMM:JITC) 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.

Jordan International Trading Center Tax Expense Related Terms

Jordan International Trading Center Tax Expense Historical Data

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The historical data trend for Jordan International Trading Center'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.

Jordan International Trading Center Tax Expense Chart

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Jordan International Trading Center 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?
Jordan International Trading Center (AMM:JITC) 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 Jordan International Trading Center and its competitors.
Is Jordan International Trading Center's Tax Expense too high?
Jordan International Trading Center's current Tax Expense is JOD Mil.
How does Jordan International Trading Center's Tax Expense compare to MAGAA and UMAX?
Jordan International Trading Center's Tax Expense of JOD Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Tax Expense depends on the Conglomerates 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 Jordan International Trading Center and its competitors. Jordan International Trading Center'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 Jordan International Trading Center stock overvalued right now?
Jordan International Trading Center (AMM:JITC) 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 Jordan International Trading Center (AMM:JITC), 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.

Jordan International Trading Center Business Description

Address Islamic Bank Complex, Al-Jubaiha - Al-Rashid District - Al-Rawd Suburb, Amman, JOR, 11190
Jordan International Trading Center is engaged in Paper scraping, Importing, cutting, packaging and trading of photographic paper, Printing books and commercial publications, Trading in electrical and electronic devices, appliances, and cellular mixtures, and General artery.