Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Tax Rate % : 3.72% (As of Dec. 2023)

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What is Burgan Company for Well Drilling Trading and MaintenanceK Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Burgan Company for Well Drilling Trading and MaintenanceK's Tax Expense for the three months ended in Dec. 2023 was KWD0.02 Mil. Burgan Company for Well Drilling Trading and MaintenanceK's Pre-Tax Income for the three months ended in Dec. 2023 was KWD0.62 Mil. Therefore, Burgan Company for Well Drilling Trading and MaintenanceK's Tax Rate % for the quarter that ended in Dec. 2023 was 3.72%.

Burgan Company for Well Drilling Trading and MaintenanceK Tax Rate % Historical Data

The historical data trend for Burgan Company for Well Drilling Trading and MaintenanceK'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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Burgan Company for Well Drilling Trading and MaintenanceK Tax Rate % Chart

Burgan Company for Well Drilling Trading and MaintenanceK Annual Data

Trend

Mar12

Mar13

Mar14

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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5.12

5.25

5.68

5.98

5.10

Burgan Company for Well Drilling Trading and MaintenanceK Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															4.37	5.96	5.19	4.29	3.72

Burgan Company for Well Drilling Trading and MaintenanceK Tax Rate % Calculation

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

Burgan Company for Well Drilling Trading and MaintenanceK's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	0.168	/	3.297
	=	5.10 %

Burgan Company for Well Drilling Trading and MaintenanceK's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	0.023	/	0.619
	=	3.72 %

Burgan Company for Well Drilling Trading and MaintenanceK Tax Rate % Related Terms

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Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Burgan Company for Well Drilling Trading and Maintenance SAK (KUW:ABAR) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Al-Ahmadi, Street 306, Al Fahaheel, Block 3, P.O. Box 47143, West Industrial Shuaiba, Kuwait, KWT, 64022

Website

https://www.burgandrilling.com

Burgan Company for Well Drilling Trading and Maintenance SAK is engaged in the provision of drilling, exploration, and maintenance services of wells for oil and gas companies. It serves its clients to drill their deep, medium, and shallow wells and carry also workover operations for the same. The company's operating segment being Oil and Gas well services. Geographically, it operates and derives revenue only from Kuwait.

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