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Cates Elektrik Uretim AS (IST:CATES) Tax Rate % : -2.30% (As of Sep. 2023)


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What is Cates Elektrik Uretim AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cates Elektrik Uretim AS's Tax Expense for the three months ended in Sep. 2023 was ₺-9 Mil. Cates Elektrik Uretim AS's Pre-Tax Income for the three months ended in Sep. 2023 was ₺393 Mil. Therefore, Cates Elektrik Uretim AS's Tax Rate % for the quarter that ended in Sep. 2023 was -2.30%.

Cates Elektrik Uretim AS Tax Rate % Historical Data

The historical data trend for Cates Elektrik Uretim AS'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.

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Cates Elektrik Uretim AS Tax Rate % Chart

Cates Elektrik Uretim AS Annual Data
Trend Dec20 Dec21 Dec22
Tax Rate %
- 40.35 23.64

Cates Elektrik Uretim AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23
Tax Rate % Get a 7-Day Free Trial - 21.65 24.62 - -2.30

Cates Elektrik Uretim AS Tax Rate % Calculation

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

Cates Elektrik Uretim AS's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=91/385
=23.64 %

Cates Elektrik Uretim AS's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2023 )/Pre-Tax Income (Q: Sep. 2023 )
=-9.034/392.636
=-2.30 %

* 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.

Cates Elektrik Uretim AS Tax Rate % Related Terms

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Cates Elektrik Uretim AS (IST:CATES) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Cates Elektrik Uretim AS (IST:CATES) » Definitions » Tax Rate %
Comparable Companies
Traded in Other Exchanges
N/A
Address
Sahinler Mahallesi, Sahinler Cluster Houses, Yatagan Thermal Power Plant Site No: 259/1, Mugla, TUR
Website
https://www.cates.com.tr
Cates Elektrik Uretim AS is a company whose main activity is to produce electrical energy and sell the produced electrical energy. It also operates the coal-based Power Plant located in the Catalagzi town of Zonguldak.

Cates Elektrik Uretim AS (IST:CATES) Headlines

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