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Cool Co (Cool Co) Tax Rate % : 0.36% (As of Mar. 2024)


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What is Cool Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cool Co's Tax Expense for the three months ended in Mar. 2024 was $0.1 Mil. Cool Co's Pre-Tax Income for the three months ended in Mar. 2024 was $36.9 Mil. Therefore, Cool Co's Tax Rate % for the quarter that ended in Mar. 2024 was 0.36%.

Cool Co Tax Rate % Historical Data

The historical data trend for Cool 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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Cool Co Tax Rate % Chart

Cool Co Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
- - 0.31

Cool Co Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only 0.08 0.17 0.12 1.65 0.36

Cool Co Tax Rate % Calculation

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

Cool Co'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 )
=0.556/176.919
=0.31 %

Cool Co'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 )
=0.133/36.945
=0.36 %

* 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.

Cool Co Tax Rate % Related Terms

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Cool Co (Cool Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cool Co Ltd (NYSE:CLCO) » Definitions » Tax Rate %
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Traded in Other Exchanges
CLCO:Norway HQ3:Germany
Address
9 Par-La-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11
Website
https://www.coolcoltd.com
Cool Co Ltd is a LNG shipping company. The company operates and manages the fuel-efficient LNGCs providing critical supply chain support to the international energy industry and flexible LNG transportation solutions, providing a lesser-emitting form of energy to help enable decarbonization efforts. Geographical presence of the company is in Singapore, Europe, Asia, Dutch, Japan and other International LNG trader.