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Hearts And Minds Investments (ASX:HM1) Tax Rate % : 28.01% (As of Dec. 2023)


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What is Hearts And Minds Investments Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hearts And Minds Investments's Tax Expense for the six months ended in Dec. 2023 was A$5.66 Mil. Hearts And Minds Investments's Pre-Tax Income for the six months ended in Dec. 2023 was A$20.21 Mil. Therefore, Hearts And Minds Investments's Tax Rate % for the quarter that ended in Dec. 2023 was 28.01%.

Hearts And Minds Investments Tax Rate % Historical Data

The historical data trend for Hearts And Minds Investments'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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Hearts And Minds Investments Tax Rate % Chart

Hearts And Minds Investments Annual Data
Trend Oct18 Jun20 Jun21 Jun22 Jun23
Tax Rate %
- 48.19 34.73 30.45 28.32

Hearts And Minds Investments Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only 41.40 30.08 29.33 25.08 28.01

Hearts And Minds Investments Tax Rate % Calculation

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

Hearts And Minds Investments'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 )
=12.931/45.657
=28.32 %

Hearts And Minds Investments'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 )
=5.66/20.207
=28.01 %

* 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.

Hearts And Minds Investments Tax Rate % Related Terms

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Hearts And Minds Investments (ASX:HM1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hearts And Minds Investments Ltd (ASX:HM1) » Definitions » Tax Rate %
Comparable Companies
ASX:GCI ASX:PAC ASX:RPL ASX:FGX ASX:FGG ASX:AEF ASX:MOT ASX:PIC ASX:PE1 ASX:QRI BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
2 Chifley Square, Suite 12.04, Level 12, Chifley Tower, Sydney, NSW, AUS, 2000
Website
https://www.heartsandmindsinvestments.com.au
Hearts And Minds Investments Ltd is a listed investment company. The company strives to deliver attractive equity investment returns for shareholders while providing funding for Australian medical research. It derives revenue from dividend income, interest income, and the sale of its investments. Geographically, it has a presence in the United States; Australia; Hong Kong; Germany; Japan; Canada, and the United Kingdom.

Hearts And Minds Investments (ASX:HM1) Headlines

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