GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NSK Ltd (OTCPK:NPSKY) » Definitions » Tax Rate %

NSK (NPSKY) Tax Rate % : 36.98% (As of Mar. 2024)


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

What is NSK Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NSK's Tax Expense for the three months ended in Mar. 2024 was $19 Mil. NSK's Pre-Tax Income for the three months ended in Mar. 2024 was $51 Mil. Therefore, NSK's Tax Rate % for the quarter that ended in Mar. 2024 was 36.98%.


NSK Tax Rate % Historical Data

The historical data trend for NSK'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.

NSK Tax Rate % Chart

NSK Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.75 112.70 40.15 41.55 45.61

NSK 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 61.33 57.96 32.59 57.19 36.98

NSK Tax Rate % Calculation

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

NSK's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2024 )/Pre-Tax Income (A: Mar. 2024 )
=79.797/174.945
=45.61 %

NSK'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 )
=18.696/50.554
=36.98 %

* 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.


NSK Tax Rate % Related Terms

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


NSK (NPSKY) Business Description

Traded in Other Exchanges
Address
Nissei Building, 1-6-3 Ohsaki, Shinagawa-ku, Tokyo, JPN, 141-8560
NSK Ltd is a Japan-based company which manufactures and sells automotive products, precision machinery and mechatronic products. The company has two business segments, the Industrial Machinery business and the Automotive Business. The Industrial machinery bearing business is comprised of three sub-segments the general machinery, electrical and IT equipment and Aftermarket segment. The Automotive business is engaged in production and sales of bearings for car manufacturers and automotive component manufacturers, steering columns and automatic transmission components. Its products include ball bearings, roller bearings, Plummer blocks, electric power steering and super precision bearings.

NSK (NPSKY) Headlines

From GuruFocus

NSK Americas Launches Website for Metal-Making Operations

By PRNewswire PRNewswire 05-19-2021

Defining Value in Supplier Selection: An NSK Perspective

By PRNewswire PRNewswire 10-26-2020