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Equatorial Energia (BSP:EQTL3) Tax Rate % : 18.56% (As of Mar. 2024)


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What is Equatorial Energia Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Equatorial Energia's Tax Expense for the three months ended in Mar. 2024 was R$132 Mil. Equatorial Energia's Pre-Tax Income for the three months ended in Mar. 2024 was R$711 Mil. Therefore, Equatorial Energia's Tax Rate % for the quarter that ended in Mar. 2024 was 18.56%.


Equatorial Energia Tax Rate % Historical Data

The historical data trend for Equatorial Energia'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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Equatorial Energia Tax Rate % Chart

Equatorial Energia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.21 20.89 -3.19 28.62 5.22

Equatorial Energia 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 22.89 4.73 23.54 -33.03 18.56

Equatorial Energia Tax Rate % Calculation

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

Equatorial Energia'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 )
=158.505/3034.789
=5.22 %

Equatorial Energia'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 )
=132.02/711.452
=18.56 %

* 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.


Equatorial Energia Tax Rate % Related Terms

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Equatorial Energia (BSP:EQTL3) Business Description

Traded in Other Exchanges
Address
Alameda A - Quadra SQS, No. 100, Altos do Calhau, Sao Luiz, MA, BRA, 65071680
Equatorial Energia SA is primarily a holding company engaged in the ownership of other firms in the electric energy generation and distribution industries in Brazil. Collectively, Equatorial Energia's main subsidiaries are involved in electric energy distribution, telecommunications, data transmission, electric energy generation, and the operation and implementation of thermoelectric power plants in the country. The company's operating segments are Distribution, Transmission, Services, Trading, Central Administration, and Others. Revenue from the provision of construction services is significant for Equatorial Energia SA.

Equatorial Energia (BSP:EQTL3) Headlines

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