GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Coventry Group Ltd (ASX:CYG) » Definitions » Tax Rate %

Coventry Group (ASX:CYG) Tax Rate % : 26.90% (As of Jun. 2024)


View and export this data going back to 1968. Start your Free Trial

What is Coventry Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Coventry Group's Tax Expense for the six months ended in Jun. 2024 was A$0.4 Mil. Coventry Group's Pre-Tax Income for the six months ended in Jun. 2024 was A$1.4 Mil. Therefore, Coventry Group's Tax Rate % for the quarter that ended in Jun. 2024 was 26.90%.


Coventry Group Tax Rate % Historical Data

The historical data trend for Coventry Group'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.

Coventry Group Tax Rate % Chart

Coventry Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.64 -90.48 34.06 33.60 38.47

Coventry Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.61 36.41 28.48 -7.50 26.90

Coventry Group Tax Rate % Calculation

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

Coventry Group's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=0.412/1.071
=38.47 %

Coventry Group's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.385/1.431
=26.90 %

* 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.


Coventry Group Tax Rate % Related Terms

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


Coventry Group Business Description

Traded in Other Exchanges
N/A
Address
235 Settlement Road, Thomastown, Melbourne, VIC, AUS, 3074
Coventry Group Ltd distributes and markets industrial products. The company operates through the following segments: Trade Distribution, and Fluid Systems. It generates maximum revenue from the Trade Distribution segment. The Trade Distribution segment includes the importation, distribution, and marketing of industrial fasteners, industrial hardware supplies and associated products, and cabinet-making hardware. Its Fluid Systems segment includes the design, manufacture, distribution, installation, and maintenance of lubrication and hydraulic fluid systems and hoses. Geographically, it derives a majority of its revenue from Australia.

Coventry Group Headlines

No Headlines