GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lotus Resources Ltd (ASX:LOT) » Definitions » Tax Rate %

Lotus Resources (ASX:LOT) Tax Rate % : -0.46% (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Lotus Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lotus Resources's Tax Expense for the six months ended in Dec. 2023 was A$0.03 Mil. Lotus Resources's Pre-Tax Income for the six months ended in Dec. 2023 was A$-5.92 Mil. Therefore, Lotus Resources's Tax Rate % for the quarter that ended in Dec. 2023 was -0.46%.

Lotus Resources Tax Rate % Historical Data

The historical data trend for Lotus Resources'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.

Lotus Resources Tax Rate % Chart

Lotus Resources 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 - - - -2.04 -0.09

Lotus Resources 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 - -3.20 -0.81 -0.46 0.02

Lotus Resources Tax Rate % Calculation

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

Lotus Resources'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 )
=0.211/-10.349
=-2.04 %

Lotus Resources'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 )
=0.027/-5.922
=-0.46 %

* 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.

Lotus Resources Tax Rate % Related Terms

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

Lotus Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lotus Resources Ltd (ASX:LOT) » Definitions » Tax Rate %
Comparable Companies
ASX:RHI ASX:GL1 ASX:INR ASX:MAH ASX:LPI ASX:MLX ASX:OMH ASX:WR1 ASX:AVL ASX:SVM ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL MEX:GMEXICOB MIC:GMKN
Traded in Other Exchanges
LTSRF:USA 7D0:Germany
Address
140 St Georges Terrace, Level 20, Perth, WA, AUS, 6000
Website
https://www.lotusresources.com.au
Lotus Resources Ltd is a mineral exploration company engaged in the development of interests in exploration and development projects in the resource industry in Australia and Malawi. It holds an interest in the Kayelekera Uranium Project located in northern Malawi, the Letlhakane Uranium Project in Botswana, and the Wilconi Nickel-Cobalt Project in Australia. The company operates in four business segments and two geographical locations, being the exploration, evaluation, and development of Uranium assets in Africa (comprising the geographical locations Malawi and Botswana), nickel-cobalt exploration, evaluation, and development in Australia, and Corporate activities in Australia.