Novolipetsk Steel PJSC (CHIX:NLMKL) Tax Rate % : 22.51% (As of Dec. 2021)

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What is Novolipetsk Steel PJSC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Novolipetsk Steel PJSC's Tax Expense for the three months ended in Dec. 2021 was $373 Mil. Novolipetsk Steel PJSC's Pre-Tax Income for the three months ended in Dec. 2021 was $1,657 Mil. Therefore, Novolipetsk Steel PJSC's Tax Rate % for the quarter that ended in Dec. 2021 was 22.51%.

Novolipetsk Steel PJSC Tax Rate % Historical Data

The historical data trend for Novolipetsk Steel PJSC'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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Novolipetsk Steel PJSC Tax Rate % Chart

Novolipetsk Steel PJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Tax Rate %

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20.35

17.81

25.25

21.71

20.21

Novolipetsk Steel PJSC Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Tax Rate %	Get a 7-Day Free Trial															13.60	19.71	17.98	20.39	22.51

Novolipetsk Steel PJSC Tax Rate % Calculation

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

Novolipetsk Steel PJSC's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2021 )	/	Pre-Tax Income (A: Dec. 2021 )
	=	1280	/	6334
	=	20.21 %

Novolipetsk Steel PJSC's Tax Rate % for the quarter that ended in Dec. 2021 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2021 )	/	Pre-Tax Income (Q: Dec. 2021 )
	=	373	/	1657
	=	22.51 %

Novolipetsk Steel PJSC Tax Rate % Related Terms

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Novolipetsk Steel PJSC (CHIX:NLMKL) Business Description

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Address

2, Metallurgov Sq., Lipetsk, RUS, 398040

Website

https://www.nlmk.com

Novolipetsk Steel PJSC is a Russia-based steelmaker with production assets located in Russia, Europe, and the United States. The company's metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and off shore wind turbines. The company operates through six segments, namely Mining, Russian flat products, Russian long products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH. Russian flat products for over half of the company's revenue. Russia, Europe, North America, and the Middle East are the four largest markets for the company.

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