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Karat Packaging (FRA:0WJ) Tax Rate % : 23.37% (As of Mar. 2024)


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What is Karat Packaging Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Karat Packaging's Tax Expense for the three months ended in Mar. 2024 was €1.8 Mil. Karat Packaging's Pre-Tax Income for the three months ended in Mar. 2024 was €7.8 Mil. Therefore, Karat Packaging's Tax Rate % for the quarter that ended in Mar. 2024 was 23.37%.

Karat Packaging Tax Rate % Historical Data

The historical data trend for Karat Packaging'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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Karat Packaging Tax Rate % Chart

Karat Packaging Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 26.52 23.98 18.49 20.53 22.81

Karat Packaging 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 23.47 23.73 24.11 15.38 23.37

Karat Packaging Tax Rate % Calculation

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

Karat Packaging'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 )
=8.99/39.416
=22.81 %

Karat Packaging'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 )
=1.817/7.775
=23.37 %

* 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.

Karat Packaging Tax Rate % Related Terms

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Karat Packaging (FRA:0WJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Karat Packaging Inc (FRA:0WJ) » Definitions » Tax Rate %
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Traded in Other Exchanges
KRT:USA
Address
6185 Kimball Avenue, Chino, CA, USA, 91708
Website
https://www.karatpackaging.com
Karat Packaging Inc is engaged in the manufacturing and distribution of disposable products used in restaurants and food service settings. It offers products for the foodservice industry, including food packaging, containers, tableware, cups, lids, cutlery, and straws. These products are available in plastic, paper, biopolymer-based and other compostable forms.

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