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Gtn (ASX:GTN) Tax Rate % : 42.97% (As of Jun. 2024)


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What is Gtn Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gtn's Tax Expense for the six months ended in Jun. 2024 was A$1.0 Mil. Gtn's Pre-Tax Income for the six months ended in Jun. 2024 was A$2.2 Mil. Therefore, Gtn's Tax Rate % for the quarter that ended in Jun. 2024 was 42.97%.

Gtn Tax Rate % Historical Data

The historical data trend for Gtn'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.

Gtn Tax Rate % Chart

Gtn Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 149.23 106.25 45.63 52.01 24.85

Gtn Semi-Annual Data
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 88.62 44.87 698.33 17.15 42.97

Gtn Tax Rate % Calculation

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

Gtn'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 )
=1.873/7.536
=24.85 %

Gtn'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 )
=0.966/2.248
=42.97 %

* 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.

Gtn Tax Rate % Related Terms

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Gtn Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gtn Ltd (ASX:GTN) » Definitions » Tax Rate %
Comparable Companies
ASX:PPL ASX:XGL ASX:MXO ASX:IS3 ASX:EGG ASX:IGL XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 SAU:4071 ZD TSE:4751 XTER:SAX SZSE:300058 IAS
Traded in Other Exchanges
N/A
Address
100 Miller Street, Level 42, Northpoint, North Sydney, Sydney, NSW, AUS, 2060
Website
https://www.gtnetwork.com.au
Gtn Ltd is a marketing services company. The company operates broadcast media advertising platforms that supply traffic information reports to radio and/or television stations. The company offers advertising spots on television and radio networks, adjacent to information reports that listeners are typically engaged with traffic and news, as this content is of use to the consumer. Its advertising platform enables advertisers to reach audiences in Australia, Canada, the United Kingdom, and Brazil.