GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DNO ASA (OTCPK:DTNOF) » Definitions » Tax Rate %

DNO ASA (DNO ASA) Tax Rate % : 71.67% (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is DNO ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. DNO ASA's Tax Expense for the three months ended in Mar. 2024 was $42.5 Mil. DNO ASA's Pre-Tax Income for the three months ended in Mar. 2024 was $59.3 Mil. Therefore, DNO ASA's Tax Rate % for the quarter that ended in Mar. 2024 was 71.67%.


DNO ASA Tax Rate % Historical Data

The historical data trend for DNO ASA's Tax Rate % 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.

DNO ASA Tax Rate % Chart

DNO ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 253.77 32.83 7.41 -11.08 87.71

DNO ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % 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 44.75 -17.09 -176.65 85.26 71.67

DNO ASA Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

DNO ASA's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=132.7/151.3
=87.71 %

DNO ASA's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=42.5/59.3
=71.67 %

* 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.


DNO ASA Tax Rate % Related Terms

Thank you for viewing the detailed overview of DNO ASA's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


DNO ASA (DNO ASA) Business Description

Address
Dokkveien 1, P.O. Box 1345 Vika, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. A group of licenses are held for fields in Kurdistan, Yemen, United Kingdom, and Norway. Producing assets in Kurdistan generate the majority of revenue for the company. Petroleum products from Kurdistan fields are either sold locally or externally, with external shipments constituting the majority. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities.

DNO ASA (DNO ASA) Headlines

From GuruFocus

DNO International Has Significant Upside Potential

By Faisal Humayun Faisal Humayun 04-27-2014