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Stockland (Stockland) Tax Rate % : -17.24% (As of Dec. 2023)


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What is Stockland Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Stockland's Tax Expense for the six months ended in Dec. 2023 was $-10 Mil. Stockland's Pre-Tax Income for the six months ended in Dec. 2023 was $58 Mil. Therefore, Stockland's Tax Rate % for the quarter that ended in Dec. 2023 was -17.24%.


Stockland Tax Rate % Historical Data

The historical data trend for Stockland'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.

Stockland Tax Rate % Chart

Stockland Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.13 142.43 -2.50 4.17 14.95

Stockland Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.53 7.69 8.56 26.06 -17.24

Stockland Tax Rate % Calculation

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

Stockland's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=51.678/345.638
=14.95 %

Stockland's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=-10.04/58.233
=-17.24 %

* 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.


Stockland Tax Rate % Related Terms

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Stockland (Stockland) Business Description

Traded in Other Exchanges
Address
133 Castlereagh Street, Level 25, Sydney, NSW, AUS, 2000
Stockland is Australia's largest housing developer, and this division generates about a third of the group's funds-from-operations. Nearly two thirds comes from commercial property, about half of which is retail. It also has a growing land-lease business. The mix is evolving. Earnings from the residential development division are volatile though we expect volumes and margins to improve over the next five years, after a challenging 2023 where interest rate rises caused house price falls. In commercial property the group is trimming retail and adding office and industrial via acquisitions and developments. Stockland-stapled securities comprise one share in the corporation that largely operates developments and one unit in a trust that holds the property portfolio.

Stockland (Stockland) Headlines

From GuruFocus

Stockland Stock Appears To Be Fairly Valued

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