ArcelorMittal South Africa (JSE:ACL) Tax Rate % : -0.14% (As of Dec. 2023)

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What is ArcelorMittal South Africa Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ArcelorMittal South Africa's Tax Expense for the six months ended in Dec. 2023 was R5 Mil. ArcelorMittal South Africa's Pre-Tax Income for the six months ended in Dec. 2023 was R-3,556 Mil. Therefore, ArcelorMittal South Africa's Tax Rate % for the quarter that ended in Dec. 2023 was -0.14%.

ArcelorMittal South Africa Tax Rate % Historical Data

The historical data trend for ArcelorMittal South Africa'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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ArcelorMittal South Africa Tax Rate % Chart

ArcelorMittal South Africa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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1.50

-3.24

-1.16

ArcelorMittal South Africa 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															-1.06	-	-	-12.54	-0.14

ArcelorMittal South Africa Tax Rate % Calculation

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

ArcelorMittal South Africa'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 )
	=	45	/	-3875
	=	-1.16 %

ArcelorMittal South Africa'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	/	-3556
	=	-0.14 %

ArcelorMittal South Africa Tax Rate % Related Terms

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ArcelorMittal South Africa (JSE:ACL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ArcelorMittal South Africa Ltd (JSE:ACL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ARCXF:USA ISC1:Germany

Address

Delfos Boulevard, Main Building, Vanderbijlpark Works, Vanderbijlpark, GT, ZAF, 1911

Website

https://www.arcelormittalsa.com

ArcelorMittal South Africa Ltd is a South Africa-based steel-producing company. The company's operating segments include Steel operations; Non-steel operations; Corporate and others. It generates the majority of total revenue from the Steel segment. The product range consists of hot-rolled coil, plate, coiled rounds, flats, reinforced bars, rounds, billets and channels, and commercial coke among others. The group operates mainly in South Africa. Export sales are mostly sold in sub-Saharan Africa, Asia, Europe, and America.

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