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Hygrovest Limited (ASX:HGV) Tax Rate % : -4.01% (As of Dec. 2023)


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What is Hygrovest Limited Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hygrovest Limited's Tax Expense for the six months ended in Dec. 2023 was A$0.03 Mil. Hygrovest Limited's Pre-Tax Income for the six months ended in Dec. 2023 was A$-0.75 Mil. Therefore, Hygrovest Limited's Tax Rate % for the quarter that ended in Dec. 2023 was -4.01%.

Hygrovest Limited Tax Rate % Historical Data

The historical data trend for Hygrovest Limited'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.

Hygrovest Limited Tax Rate % Chart

Hygrovest Limited Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial 30.06 6.58 40.81 10.47 4.30

Hygrovest Limited Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -23.29 21.19 44.55 12.78 -4.01

Hygrovest Limited Tax Rate % Calculation

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

Hygrovest Limited's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=-0.179/-4.163
=4.30 %

Hygrovest Limited's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=0.03/-0.749
=-4.01 %

* 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.

Hygrovest Limited Tax Rate % Related Terms

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Hygrovest Limited (ASX:HGV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hygrovest Limited (ASX:HGV) » Definitions » Tax Rate %
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Traded in Other Exchanges
MMJJF:USA
Address
19-29 Martin Place, MLC Centre, Suite 5706, Level 57, Sydney, NSW, AUS, 2000
Website
https://www.hygrovest.com.au
Hygrovest Limited is a specialist investment company. It has built a diversified portfolio by investing in Australian and offshore cannabis-related businesses including healthcare products, technology, and infrastructure. The company's portfolio includes Southern Cannabis Holdings, Medio Labs Inc , Weed Me, Fire and Flower, Bien, BevCanna, and others.