Sumitomo Metal Mining Co (Sumitomo Metal Mining Co) Tax Rate % : 100.45% (As of Mar. 2024)

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What is Sumitomo Metal Mining Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sumitomo Metal Mining Co's Tax Expense for the three months ended in Mar. 2024 was $57 Mil. Sumitomo Metal Mining Co's Pre-Tax Income for the three months ended in Mar. 2024 was $56 Mil. Therefore, Sumitomo Metal Mining Co's Tax Rate % for the quarter that ended in Mar. 2024 was 100.45%.

Sumitomo Metal Mining Co Tax Rate % Historical Data

The historical data trend for Sumitomo Metal Mining Co'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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Sumitomo Metal Mining Co Tax Rate % Chart

Sumitomo Metal Mining Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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23.13

20.00

16.48

25.87

36.53

Sumitomo Metal Mining Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															14.96	15.05	36.70	37.69	100.45

Sumitomo Metal Mining Co Tax Rate % Calculation

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

Sumitomo Metal Mining Co's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	233.562	/	639.407
	=	36.53 %

Sumitomo Metal Mining Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	56.562	/	56.308
	=	100.45 %

Sumitomo Metal Mining Co Tax Rate % Related Terms

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Sumitomo Metal Mining Co (Sumitomo Metal Mining Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sumitomo Metal Mining Co Ltd (OTCPK:STMNF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SMMYY:USA 5713:Japan S19:Germany

Address

11-3, Shimbashi 5-chome, Minato-ku, Tokyo, JPN, 105-8716

Website

http://www.smm.co.jp

Sumitomo Metal Mining Co Ltd has three core operating segments, namely mineral resources, smelting and refining, and materials. The mineral resources business is engaged in exploration, development, production and sale of non-ferrous metals, primarily in Japan. The smelting and refining segment which generates the majority of group revenue, smelts and sells copper, nickel zinc, lead gold and others, and manufactures and sells stretched copper products and special steel castings. The materials division manufactures semiconductor materials, battery materials, bonding materials, aerated light-weight concrete, chemical catalysts among others.

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