WAM Microcap (ASX:WMI) Tax Rate % : 24.37% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is WAM Microcap Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. WAM Microcap's Tax Expense for the six months ended in Dec. 2023 was A$3.07 Mil. WAM Microcap's Pre-Tax Income for the six months ended in Dec. 2023 was A$12.61 Mil. Therefore, WAM Microcap's Tax Rate % for the quarter that ended in Dec. 2023 was 24.37%.

WAM Microcap Tax Rate % Historical Data

The historical data trend for WAM Microcap'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.

WAM Microcap Tax Rate % Chart

WAM Microcap Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

18.61

23.62

28.89

33.01

25.56

WAM Microcap Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial							27.63	30.72	25.96	24.63	24.37

WAM Microcap Tax Rate % Calculation

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

WAM Microcap'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 )
	=	9.04	/	35.361
	=	25.56 %

WAM Microcap'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 )
	=	3.074	/	12.614
	=	24.37 %

WAM Microcap Tax Rate % Related Terms

Thank you for viewing the detailed overview of WAM Microcap's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

WAM Microcap (ASX:WMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WAM Microcap Ltd (ASX:WMI) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney, NSW, AUS, 2000

Website

https://www.wilsonassetmanagement.com.au

WAM Microcap Ltd is an asset management company based in Australia. The company engages in investing activities, including cash, term deposits and equity investments. The principal activity of the Company is making investments in listed companies. Its investment objectives are to deliver a stream of fully franked dividends; to provide capital growth, and to preserve capital.

WAM Microcap (ASX:WMI) Headlines

No Headlines