Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) Tax Expense: MXN123 Mil (TTM As of Jun. 2024)


MEX:FEXI21 Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Act MEX:FEXI21
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Price MXN17.48
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What is Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Tax Expense?

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act MEX:FEXI21 +2.70% 12 Tax Expense is MXN123 Mil as of Jun. 2024. GuruFocus rates MEX:FEXI21 with a GF Score™ of 12/100.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's tax expense for the months ended in Jun. 2024 was MXN59 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jun. 2024 was MXN123 Mil.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act  (MEX:FEXI21) 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.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Tax Expense Related Terms

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Tax Expense Historical Data

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The historical data trend for Banco Actinver Institucion De Banca Multiple Grupo Financiero Act'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.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Tax Expense Chart

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Annual Data
Trend Dec22 Dec23
Tax Expense
135.00 285.00

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Quarterly Data
Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Tax Expense Get a 7-Day Free Trial 122.38 78.31 0.00 63.90 58.61
MEX:FEXI21
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Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Act MEX:FEXI21
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Actinver Institucion De Banca Multiple Grupo Financiero Act 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.

Tax Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN123 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of MXN123 Mil mean?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) has a Tax Expense of MXN123 Mil as of Jun. 2024. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Banco Actinver Institucion De Banca Multiple Grupo Financiero Act and its competitors.
Is Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Tax Expense too high?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's current Tax Expense is MXN123 Mil. Overall, Banco Actinver Institucion De Banca Multiple Grupo Financiero Act has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Tax Expense compare to PNC and USB?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Tax Expense of MXN123 Mil can be compared against companies in the Banks 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 Banks company?
A good Tax Expense depends on the Banks 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 Banco Actinver Institucion De Banca Multiple Grupo Financiero Act and its competitors. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's current Tax Expense is MXN123 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Actinver Institucion De Banca Multiple Grupo Financiero Act stock overvalued right now?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) has a current Tax Expense of MXN123 Mil. The current Tax Expense is MXN123 Mil. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's overall GF Score™ is 12/100. 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 Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21), the current Tax Expense is MXN123 Mil as of Jun. 2024. 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.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Business Description

Address Montes Urales 620, Piso 01, Colonia Lomas de Chapultepec, Mexico, MEX, MEX, 11000
Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Act is a banking institution based in Mexico.
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Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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