Objective (ASX:OCL) Tax Rate % : 20.35% (As of Jun. 2024)

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What is Objective Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Objective's Tax Expense for the six months ended in Jun. 2024 was A$3.8 Mil. Objective's Pre-Tax Income for the six months ended in Jun. 2024 was A$18.7 Mil. Therefore, Objective's Tax Rate % for the quarter that ended in Jun. 2024 was 20.35%.

Objective Tax Rate % Historical Data

The historical data trend for Objective'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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Objective Tax Rate % Chart

Objective Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Tax Rate %

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18.88

20.47

16.42

4.05

18.36

Objective 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															11.97	0.23	7.71	16.46	20.35

Objective Tax Rate % Calculation

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

Objective'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 )
	=	7.045	/	38.375
	=	18.36 %

Objective'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 )
	=	3.814	/	18.741
	=	20.35 %

Objective Tax Rate % Related Terms

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Objective Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Objective Corp Ltd (ASX:OCL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

177 Pacific Highway, Level 30, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.objective.com

Objective Corporation is a founder-led technology company providing software and services for compliance with government regulations. Objective's primary business is its content management software for the Australian public sector, which ensures government information can be gathered, located, accessed, supplemented, authored, collaborated on, signed off on, and shared in a compliant manner. Objective also offers products which encompass industry-specific applications of enterprise content management software, such as for assessing building development applications, compiling new regulations and providing ministerial briefs.

Objective Headlines

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