Renold (AQSE:RNO.GB) Tax Rate % : 27.20% (As of Sep. 2023)

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What is Renold Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Renold's Tax Expense for the six months ended in Sep. 2023 was £3.4 Mil. Renold's Pre-Tax Income for the six months ended in Sep. 2023 was £12.5 Mil. Therefore, Renold's Tax Rate % for the quarter that ended in Sep. 2023 was 27.20%.

Renold Tax Rate % Historical Data

The historical data trend for Renold'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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Renold Tax Rate % Chart

Renold Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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33.65

30.61

34.43

17.74

31.79

Renold Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Tax Rate %	Get a 7-Day Free Trial															16.42	19.30	26.15	35.19	27.20

Renold Tax Rate % Calculation

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

Renold's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	5.5	/	17.3
	=	31.79 %

Renold's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	3.4	/	12.5
	=	27.20 %

Renold Tax Rate % Related Terms

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Renold (AQSE:RNO.GB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Renold PLC (AQSE:RNO.GB) » Definitions » Tax Rate %

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Traded in Other Exchanges

RNO:UK 7M5:Germany

Address

Styal Road, Trident Business Park, Trident 2, Wythenshawe, Manchester, GBR, M22 5XB

Website

https://www.renold.com

Renold PLC is a United Kingdom-based manufacturer of industrial conveyor chains and other machine components. The company's operating segments include: The Chain and The Torque Transmission. Chain segment manufactures and sells power transmission and conveyor chain. It generates maximum revenue from the Chain segment. Geographically, it derives majority of revenue from the Americas and also has a presence in Rest of Europe, Australasia, China, India, and Other countries. The company serves agriculture, forestry and fishing, construction machinery, energy, environmental, food and drink, mining and quarrying and transportation sectors.

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