Buruj Cooperative Insurance Co (SAU:8270) Tax Rate % : 28.18% (As of Mar. 2024)

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What is Buruj Cooperative Insurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Buruj Cooperative Insurance Co's Tax Expense for the three months ended in Mar. 2024 was ﷼1.5 Mil. Buruj Cooperative Insurance Co's Pre-Tax Income for the three months ended in Mar. 2024 was ﷼5.3 Mil. Therefore, Buruj Cooperative Insurance Co's Tax Rate % for the quarter that ended in Mar. 2024 was 28.18%.

Buruj Cooperative Insurance Co Tax Rate % Historical Data

The historical data trend for Buruj Cooperative Insurance 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.

* Premium members only.

Buruj Cooperative Insurance Co Tax Rate % Chart

Buruj Cooperative Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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69.33

60.32

72.64

-21.46

21.49

Buruj Cooperative Insurance Co 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															-16.29	7.51	62.47	-50.48	28.18

Buruj Cooperative Insurance Co Tax Rate % Calculation

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

Buruj Cooperative Insurance 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 )
	=	5.497	/	25.58
	=	21.49 %

Buruj Cooperative Insurance 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 )
	=	1.5	/	5.323
	=	28.18 %

Buruj Cooperative Insurance Co Tax Rate % Related Terms

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Buruj Cooperative Insurance Co (SAU:8270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Buruj Cooperative Insurance Co (SAU:8270) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Al Thomamah Road, P.O. Box 51855, An Nada, Riyadh, SAU, 11553

Website

https://www.burujinsurance.com

Buruj Cooperative Insurance Co is a multi-line insurance company. The objective of the company is to transact cooperative insurance business and related activities in the Kingdom of Saudi Arabia. Its principal lines of business include all classes of general insurance. The company provides insurance in the areas of Motor, Medical, Property and casualty, Marine, and others, of which key revenue is derived from the Motor Insurance. The Company has five reportable operating segments as follows: Motor insurance, Medical products, Property, Marine products and Others which include Engineering products and General Accident.

Buruj Cooperative Insurance Co (SAU:8270) Headlines

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