Morixe Hermanos (BUE:MORI) Tax Rate % : 21.99% (As of Mar. 2024)

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What is Morixe Hermanos Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Morixe Hermanos's Tax Expense for the three months ended in Mar. 2024 was ARS225 Mil. Morixe Hermanos's Pre-Tax Income for the three months ended in Mar. 2024 was ARS1,025 Mil. Therefore, Morixe Hermanos's Tax Rate % for the quarter that ended in Mar. 2024 was 21.99%.

Morixe Hermanos Tax Rate % Historical Data

The historical data trend for Morixe Hermanos'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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Morixe Hermanos Tax Rate % Chart

Morixe Hermanos Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

Tax Rate %

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-85.56

53.71

93.58

34.42

16.97

Morixe Hermanos Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															55.85	55.08	60.02	-246.21	21.99

Morixe Hermanos Tax Rate % Calculation

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

Morixe Hermanos's Tax Rate % for the fiscal year that ended in May. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: May. 2022 )	/	Pre-Tax Income (A: May. 2022 )
	=	-162.408	/	-956.773
	=	16.97 %

Morixe Hermanos'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 )
	=	225.355	/	1024.618
	=	21.99 %

Morixe Hermanos Tax Rate % Related Terms

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Morixe Hermanos (BUE:MORI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Morixe Hermanos SA (BUE:MORI) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Federico Garcia Lorca 234, Buenos Aires, ARG, 1405

Website

https://www.morixe.com.ar

Morixe Hermanos SA operates in the Argentine mill industry. The company is engaged in the milling, industrialization, conditioning, buying and selling, import and export of flour, semolina, agricultural raw materials, by-products and derivatives.

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