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Tower (ASX:TWR) Deferred Tax : A$0.0 Mil (TTM As of Mar. 2024)


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What is Tower Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Tower's change in deferred tax for the six months ended in Mar. 2024 was A$0.0 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2024 was A$0.0 Mil.

Tower Deferred Tax Historical Data

The historical data trend for Tower's Deferred Tax 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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Tower Deferred Tax Chart

Tower Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Deferred Tax
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Tower Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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Tower Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.


* 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.

Tower Deferred Tax Related Terms

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

Tower (ASX:TWR) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tower Ltd (ASX:TWR) » Definitions » Deferred Tax
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Traded in Other Exchanges
TWR:New Zealand
Address
136 Fanshawe Street, Level 5, PO Box 90347, Auckland, NTL, NZL, 1142
Website
https://www.tower.co.nz
Tower Ltd is a general insurance company. The company provides insurance services namely car, house, contents, travel, business, boat insurance among others. The company has two geographical segments, New Zealand General Insurance, and Pacific Islands General Insurance. The company derives majority of its revenue from New Zealand segment.

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