NIB Holdings (ASX:NHF) Tax Rate % : 32.12% (As of Dec. 2023)

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What is NIB Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NIB Holdings's Tax Expense for the six months ended in Dec. 2023 was A$49 Mil. NIB Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was A$154 Mil. Therefore, NIB Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 32.12%.

NIB Holdings Tax Rate % Historical Data

The historical data trend for NIB Holdings'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.

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NIB Holdings Tax Rate % Chart

NIB Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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29.91

28.64

30.52

29.87

32.62

NIB Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	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															30.42	29.01	31.80	33.36	32.12

NIB Holdings Tax Rate % Calculation

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

NIB Holdings'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 )
	=	92.8	/	284.5
	=	32.62 %

NIB Holdings'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 )
	=	49.3	/	153.5
	=	32.12 %

NIB Holdings Tax Rate % Related Terms

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NIB Holdings (ASX:NHF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NIB Holdings Ltd (ASX:NHF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

3GU:Germany

Address

22 Honeysuckle Drive, Newcastle, NSW, AUS, 2300

Website

https://www.nib.com.au

NIB Holdings is Australia's fourth-largest health fund. It is a national provider of private health insurance, life insurance, travel insurance, and related healthcare services, with a growing presence in New Zealand. Approximately 55% of the population is covered by private health insurance because of taxation benefits, shorter wait times, a choice of doctor and hospital, and cover of ancillary health services.

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