Oceansix Future Paths (Oceansix Future Paths) Tax Rate % : 5.89% (As of Dec. 2023)

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What is Oceansix Future Paths Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Oceansix Future Paths's Tax Expense for the three months ended in Dec. 2023 was $-0.18 Mil. Oceansix Future Paths's Pre-Tax Income for the three months ended in Dec. 2023 was $-3.08 Mil. Therefore, Oceansix Future Paths's Tax Rate % for the quarter that ended in Dec. 2023 was 5.89%.

Oceansix Future Paths Tax Rate % Historical Data

The historical data trend for Oceansix Future Paths'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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Oceansix Future Paths Tax Rate % Chart

Oceansix Future Paths Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

38.39

4.17

Oceansix Future Paths Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial											-	63.66	0.41	0.48	5.89

Oceansix Future Paths Tax Rate % Calculation

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

Oceansix Future Paths's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-0.19	/	-4.553
	=	4.17 %

Oceansix Future Paths'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 )
	=	-0.181	/	-3.075
	=	5.89 %

Oceansix Future Paths Tax Rate % Related Terms

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Oceansix Future Paths (Oceansix Future Paths) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Oceansix Future Paths Ltd (OTCPK:AKMYF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

5FC0:Germany OSIX:Canada

Address

11 Derech Menahem Begin, Ramat Gan, ISR

Website

https://www.oceansix.com

Oceansix Future Paths Ltd is an environmental technology company. It operates in one principal business segment - advanced solutions based on recycled plastic products. Geographically, it operates in Israel & Foreign countries, out of which the majority is from foreign countries. The manufacturing arm transforms recycled plastics into diverse, smart products that serve multiple industries, including automotive, beverage, construction, and agriculture. The group offers customized, multifunctional solutions that comply with the latest environmental requirements as well as demanding client needs.