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Primech Holdings (Primech Holdings) Tax Rate % : 207.91% (As of Sep. 2023)


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What is Primech Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Primech Holdings's Tax Expense for the six months ended in Sep. 2023 was $-0.45 Mil. Primech Holdings's Pre-Tax Income for the six months ended in Sep. 2023 was $-0.22 Mil. Therefore, Primech Holdings's Tax Rate % for the quarter that ended in Sep. 2023 was 207.91%.

Primech Holdings Tax Rate % Historical Data

The historical data trend for Primech Holdings'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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Primech Holdings Tax Rate % Chart

Primech Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Tax Rate %
37.50 3.92 -14.92 0.39

Primech Holdings Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Tax Rate % Get a 7-Day Free Trial 0.74 -10.68 -0.22 1.98 207.91

Primech Holdings Tax Rate % Calculation

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

Primech Holdings'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 )
=-0.01/-2.557
=0.39 %

Primech Holdings'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 )
=-0.447/-0.215
=207.91 %

* 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.

Primech Holdings Tax Rate % Related Terms

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Primech Holdings (Primech Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Primech Holdings Ltd (NAS:PMEC) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
23 Ubi Crescent, Singapore, SGP, 408579
Website
https://www.primechholdings.com
Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies.

Primech Holdings (Primech Holdings) Headlines

From GuruFocus

PRIMECH HOLDINGS LTD. Announces Pricing of US12.2 Million Initial Public Offering

By Marketwired • 10-10-2023

PRIMECH HOLDINGS LTD. Announces Pricing of US12.2 Million Initial Public Offering

By GlobeNewswire • 10-10-2023