Continental Coal (ASX:CCC) Tax Rate %: 6.03% (As of Jun. 2014)


What is Continental Coal Tax Rate %?

Continental Coal ASX:CCC Tax Rate % is 6.03% as of Jun. 2014. The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Continental Coal's Tax Expense for the six months ended in Jun. 2014 was A$-1.14 Mil. Continental Coal's Pre-Tax Income for the six months ended in Jun. 2014 was A$-18.97 Mil. Therefore, Continental Coal's Tax Rate % for the quarter that ended in Jun. 2014 was 6.03%.

Continental Coal Tax Rate % Related Terms

Continental Coal Tax Rate % Historical Data

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The historical data trend for Continental Coal'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.

Continental Coal Tax Rate % Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Tax Rate %
1.77 2.57 2.23 3.73

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Tax Rate % Get a 7-Day Free Trial 2.08 -9.59 4.06 1.15 6.03

Continental Coal Tax Rate % Calculation

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

Continental Coal's Tax Rate % for the fiscal year that ended in Jun. 2014 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2014 )/Pre-Tax Income (A: Jun. 2014 )
=-1.338/-35.864
=3.73 %

Continental Coal's Tax Rate % for the quarter that ended in Jun. 2014 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2014 )/Pre-Tax Income (Q: Jun. 2014 )
=-1.144/-18.972
=6.03 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 6.03% mean?
Continental Coal (ASX:CCC) has a Tax Rate % of 6.03% as of Jun. 2014.
Is Continental Coal's Tax Rate % too high?
Continental Coal's current Tax Rate % is 6.03%.
How does Continental Coal's Tax Rate % compare to competitors?
Continental Coal's Tax Rate % of 6.03% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Steel company?
A good Tax Rate % depends on the Steel industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Continental Coal's current Tax Rate % is 6.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current Tax Rate % of 6.03%. The current Tax Rate % is 6.03%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Continental Coal (ASX:CCC), the current Tax Rate % is 6.03% as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.