Ionics (PHS:ION) Tax Rate % : 22.75% (As of Mar. 2024)

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What is Ionics Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ionics's Tax Expense for the three months ended in Mar. 2024 was ₱10 Mil. Ionics's Pre-Tax Income for the three months ended in Mar. 2024 was ₱43 Mil. Therefore, Ionics's Tax Rate % for the quarter that ended in Mar. 2024 was 22.75%.

Ionics Tax Rate % Historical Data

The historical data trend for Ionics'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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Ionics Tax Rate % Chart

Ionics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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9.61

36.27

12.00

11.27

12.38

Ionics 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															12.68	9.60	11.10	21.63	22.75

Ionics Tax Rate % Calculation

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

Ionics'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 )
	=	38.569	/	311.478
	=	12.38 %

Ionics'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 )
	=	9.891	/	43.485
	=	22.75 %

Ionics Tax Rate % Related Terms

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Ionics (PHS:ION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ionics Inc (PHS:ION) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Circuit Street, Light Industry and Science Park of the Philippines-I, Bo. Diezmo, Cabuyao, LAG, PHL, 4025

Website

http://www.ionicsgroup.com

Ionics Inc engages in the designing and manufacturing of electronic products, plastic injection molding, property holdings, and management. The company's operating segment includes Computer Peripheral; Telecom; Automotive; Consumer Electronics; Real Estate and Others. It generates maximum revenue from the Consumer Electronics segment. The Consumer Electronics segment, designs, builds, ships, and provides logistics services for its customers in the digital media devices, digital television capture, and audio products industries. Geographically, it derives a majority of its revenue from Asia and also has a presence in Europe and North America.