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Smiths News (Smiths News) Tax Rate % : 19.73% (As of Aug. 2023)


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What is Smiths News Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Smiths News's Tax Expense for the six months ended in Aug. 2023 was $4 Mil. Smiths News's Pre-Tax Income for the six months ended in Aug. 2023 was $19 Mil. Therefore, Smiths News's Tax Rate % for the quarter that ended in Aug. 2023 was 19.73%.

Smiths News Tax Rate % Historical Data

The historical data trend for Smiths News'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.

Smiths News Tax Rate % Chart

Smiths News Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.72 18.92 14.05 16.13 21.07

Smiths News Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 8.90 20.55 11.28 22.22 19.73

Smiths News Tax Rate % Calculation

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

Smiths News's Tax Rate % for the fiscal year that ended in Aug. 2023 is calculated as

Tax Rate %=Tax Expense (A: Aug. 2023 )/Pre-Tax Income (A: Aug. 2023 )
=8.513/40.407
=21.07 %

Smiths News's Tax Rate % for the quarter that ended in Aug. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Aug. 2023 )/Pre-Tax Income (Q: Aug. 2023 )
=3.685/18.679
=19.73 %

* 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.

Smiths News Tax Rate % Related Terms

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Smiths News (Smiths News) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smiths News PLC (OTCPK:SMWPY) » Definitions » Tax Rate %
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Address
Rowan House, Cherry Orchard North, Kembrey Park, Swindon, Wiltshire, GBR, SN2 8UH
Website
https://www.smithsnews.co.uk
Smiths News PLC is a UK-based wholesale distributor of published content. The group is one of the UK's foremost publishers of newspapers and magazines, and it also operates as a book distributor through bookstores and an online platform serving the needs of academics and public libraries. Geographically, it derives a majority of revenue from the United Kingdom. Its segments include Smiths News Core; Dawson Media Direct (DMD); Instore and others.