GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rubis SCA (OTCPK:RBSFY) » Definitions » Tax Expense

RBSFY (Rubis SCA) Tax Expense : $76 Mil (TTM As of Jun. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Rubis SCA Tax Expense?

Rubis SCA's tax expense for the months ended in Jun. 2024 was $48 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jun. 2024 was $76 Mil.


Rubis SCA Tax Expense Historical Data

The historical data trend for Rubis SCA'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.

* Premium members only.

Rubis SCA Tax Expense Chart

Rubis SCA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.89 72.35 73.67 67.65 63.10

Rubis SCA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 43.82 23.74 35.14 27.72 48.07

Rubis SCA 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 semi-annually data reported by the company within the most recent 12 months, which was $76 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.


Rubis SCA  (OTCPK:RBSFY) 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.


Rubis SCA Tax Expense Related Terms

Thank you for viewing the detailed overview of Rubis SCA's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Rubis SCA Business Description

Traded in Other Exchanges
Address
46, rue Boissiere, Paris, FRA, 75116
Rubis SCA specializes in bulk liquid storage and the distribution of petroleum products. The company's operated businesses are Rubis Terminal, Rubis Energie, and Rubis Support and Services. Rubis Terminal stores, and Rubis Renouvelables. Its customers include energy and chemical groups, energy traders, and hypermarkets. The company's business segments are; Energy Distribution and Renewable Electricity Production. The majority of its revenue is generated from the Energy Distribution segment, which includes the retail and distribution of fuels, heating oils, lubricants, liquefied gases, and bitumen, as well as logistics, which includes trading supply, refining activity, and shipping. Geographically, the company derives maximum revenue from the Caribbean followed by Africa and Europe.

Rubis SCA Headlines

From GuruFocus

Q4 2019 Rubis SCA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Half Year 2024 Rubis SCA Earnings Call Transcript

By GuruFocus Research 09-06-2024

Tweedy Browne Funds' 1st-Quarter Commentary: A Recap

By Sydnee Gatewood 05-10-2024

Half Year 2020 Rubis SCA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Tweedy Browne Comments on Rubis

By Sydnee Gatewood 02-04-2022

2 European Stocks With Monster Dividends

By Ben Alaimo 09-02-2022

Tweedy Browne Comments on Rubis

By Sydnee Gatewood Sydnee Gatewood 06-01-2021

Tweedy Browne Comments on Rubis

By Sydnee Gatewood Sydnee Gatewood 02-04-2021