Juroku Bank (NGO:8356) Tax Expense: 円7,690 Mil (TTM As of Sep. 2021)


NGO:8356 Juroku Bank Ltd NGO:8356
12 GF Score
Price 円1,686.00
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What is Juroku Bank Tax Expense?

Juroku Bank NGO:8356 12 Tax Expense is 円7,690 Mil as of Sep. 2021. GuruFocus rates NGO:8356 with a GF Score™ of 12/100.

Juroku Bank's tax expense for the months ended in Sep. 2021 was 円1,950 Mil. Its tax expense for the trailing twelve months (TTM) ended in Sep. 2021 was 円7,690 Mil.


Juroku Bank  (NGO:8356) 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.


Juroku Bank Tax Expense Related Terms


Juroku Bank Tax Expense Historical Data

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The historical data trend for Juroku Bank'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.

Juroku Bank Tax Expense Chart

Juroku Bank Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,470.00 3,148.00 4,888.00 6,059.00 7,169.00

Juroku Bank Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Tax Expense 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 2,203.00 1,790.00 1,507.00 2,443.00 1,950.00
NGO:8356
12GF Score
Juroku Bank Ltd NGO:8356
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Juroku Bank 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was 円7,690 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 円7,690 Mil mean?
Juroku Bank (NGO:8356) has a Tax Expense of 円7,690 Mil as of Sep. 2021. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Juroku Bank and its competitors.
Is Juroku Bank's Tax Expense too high?
Juroku Bank's current Tax Expense is 円7,690 Mil. Overall, Juroku Bank has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Juroku Bank's Tax Expense compare to USB and TFC?
Juroku Bank's Tax Expense of 円7,690 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 Juroku Bank and its competitors. Juroku Bank's current Tax Expense is 円7,690 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Juroku Bank stock overvalued right now?
Juroku Bank (NGO:8356) has a current Tax Expense of 円7,690 Mil. The current Tax Expense is 円7,690 Mil. Juroku Bank'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 Juroku Bank (NGO:8356), the current Tax Expense is 円7,690 Mil as of Sep. 2021. 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.

Juroku Bank Business Description

Address 8-26, Kandamachi, Gifu, JPN, 500-8516
Juroku Bank Ltd is a Japanese bank that focuses its operational efforts on the industrial center of the Chubu region of Japan, particularly the Gifu prefecture. Loans and bills discounted constitute a majority of the bank's earning assets. An overwhelming majority of its loan portfolio is related to loans on deeds. its deposit base is split nearly evenly between time deposits and ordinary deposits. Securities also constitute a sizable portion of earning assets, mostly related to national government bonds and other securities. Net interest income and income on lease transactions and installment receivables drive a majority of the bank's income generation.
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Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,686.00
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