Life (ASX:LFC) Tax Rate %: 1.04% (As of Jun. 2017)


What is Life Tax Rate %?

Life ASX:LFC Tax Rate % is 1.04% as of Jun. 2017. The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Life's Tax Expense for the six months ended in Jun. 2017 was A$-0.05 Mil. Life's Pre-Tax Income for the six months ended in Jun. 2017 was A$-4.90 Mil. Therefore, Life's Tax Rate % for the quarter that ended in Jun. 2017 was 1.04%.

Life Tax Rate % Related Terms

Life Tax Rate % Historical Data

* Premium members only.

The historical data trend for Life'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.

Life Tax Rate % Chart

Life Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun16 Jun17
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.37 -2.54 -0.58 -1.38 0.86

Life Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 0.00 0.00 -2.28 0.00 1.04

Life Tax Rate % Calculation

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

Life's Tax Rate % for the fiscal year that ended in Jun. 2017 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2017 )/Pre-Tax Income (A: Jun. 2017 )
=-0.051/-5.936
=0.86 %

Life's Tax Rate % for the quarter that ended in Jun. 2017 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2017 )/Pre-Tax Income (Q: Jun. 2017 )
=-0.051/-4.904
=1.04 %

* 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 1.04% mean?
Life (ASX:LFC) has a Tax Rate % of 1.04% as of Jun. 2017.
Is Life's Tax Rate % too high?
Life's current Tax Rate % is 1.04%.
How does Life's Tax Rate % compare to competitors?
Life's Tax Rate % of 1.04% can be compared against companies in the Personal Services 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 Personal Services company?
A good Tax Rate % depends on the Personal Services 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. Life's current Tax Rate % is 1.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Life stock overvalued right now?
Life (ASX:LFC) has a current Tax Rate % of 1.04%. The current Tax Rate % is 1.04%. 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 Life (ASX:LFC), the current Tax Rate % is 1.04% as of Jun. 2017. 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.

Life Business Description

Address 988 Toa Payoh North, No. 07-05, Singapore, SGP, 319002
Life Corp Ltd is a holding company. The company through its subsidiaries is engaged in providing multi-religion funeral services relating to burials or cremations and including other related ancillary services and supplies. The company provides one-stop funeral, bereavement and afterlife care services in Singapore.