Synlait Milk (ASX:SM1) Tax Rate % : 26.25% (As of Jan. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Synlait Milk Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Synlait Milk's Tax Expense for the six months ended in Jan. 2024 was A$-23 Mil. Synlait Milk's Pre-Tax Income for the six months ended in Jan. 2024 was A$-88 Mil. Therefore, Synlait Milk's Tax Rate % for the quarter that ended in Jan. 2024 was 26.25%.

Synlait Milk Tax Rate % Historical Data

The historical data trend for Synlait Milk'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.

Synlait Milk Tax Rate % Chart

Synlait Milk Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Tax Rate %

Get a 7-Day Free Trial

28.54

26.19

27.34

7.42

30.21

Synlait Milk Semi-Annual Data
	Jan14	Jan15	Jan16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Tax Rate %	Get a 7-Day Free Trial													10.20	-0.78	21.16	28.12	26.25

Synlait Milk Tax Rate % Calculation

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

Synlait Milk's Tax Rate % for the fiscal year that ended in Jul. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jul. 2023 )	/	Pre-Tax Income (A: Jul. 2023 )
	=	-5.658	/	-18.726
	=	30.21 %

Synlait Milk's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2024 )	/	Pre-Tax Income (Q: Jan. 2024 )
	=	-23.171	/	-88.261
	=	26.25 %

Synlait Milk Tax Rate % Related Terms

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

Synlait Milk (ASX:SM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Synlait Milk Ltd (ASX:SM1) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SML:New Zealand

Address

1028 Heslerton Road, RD13, Rakaia, STL, NZL, 7783

Website

https://www.synlait.com

Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and unique operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its related products, liquid milk, cheese, and butter. The company's success is largely due to its core infant nutrition business. Some of its key products include infant nutritional powders, whole milk powders, skim milk powders, anhydrous milk fat, and lactoferrin. The company is largely export-focused with China as its largest export market. The acquisition of two cheese companies resulted in an instant increase in the cheese segment and a more diversified earnings base.

Synlait Milk (ASX:SM1) Headlines

No Headlines