Echo Trading Co (TSE:7427) Tax Rate % : 32.84% (As of Nov. 2023)

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What is Echo Trading Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Echo Trading Co's Tax Expense for the three months ended in Nov. 2023 was 円122 Mil. Echo Trading Co's Pre-Tax Income for the three months ended in Nov. 2023 was 円370 Mil. Therefore, Echo Trading Co's Tax Rate % for the quarter that ended in Nov. 2023 was 32.84%.

Echo Trading Co Tax Rate % Historical Data

The historical data trend for Echo Trading Co'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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Echo Trading Co Tax Rate % Chart

Echo Trading Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Tax Rate %

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130.95

49.78

24.11

37.78

32.83

Echo Trading Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Tax Rate %	Get a 7-Day Free Trial															34.28	36.27	30.45	30.62	32.84

Echo Trading Co Tax Rate % Calculation

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

Echo Trading Co's Tax Rate % for the fiscal year that ended in Feb. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Feb. 2023 )	/	Pre-Tax Income (A: Feb. 2023 )
	=	288.091	/	877.511
	=	32.83 %

Echo Trading Co's Tax Rate % for the quarter that ended in Nov. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Nov. 2023 )	/	Pre-Tax Income (Q: Nov. 2023 )
	=	121.658	/	370.474
	=	32.84 %

Echo Trading Co Tax Rate % Related Terms

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Echo Trading Co (TSE:7427) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Echo Trading Co Ltd (TSE:7427) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 No. 23 in Nishinomiya, Hyogo Prefecture Naruohama 2-chome, Nishinomiya, JPN, 663-8142

Website

http://www.echotd.co.jp

Echo Trading Co Ltd is a Japan-based company offering diversified products and services for pets. The company is engaged in specialty store business, wholesale business, product development business, education business, sales promotion business, event business, and internet business. Its specialty store business, wholesale business, and product development business are engaged in the production and distribution of pet food and pet supplies to pet home centers, supermarkets, and drug stores. Its internet business transmits information useful for pet owners and pet lives such as searching for pet-related facilities such as animal hospitals and trimming salons, and travel knowledge on pets.

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