Red Metal (ASX:RDM) Tax Rate % : 4.49% (As of Dec. 2023)

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What is Red Metal Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Red Metal's Tax Expense for the six months ended in Dec. 2023 was A$-0.21 Mil. Red Metal's Pre-Tax Income for the six months ended in Dec. 2023 was A$-4.72 Mil. Therefore, Red Metal's Tax Rate % for the quarter that ended in Dec. 2023 was 4.49%.

Red Metal Tax Rate % Historical Data

The historical data trend for Red Metal'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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Red Metal Tax Rate % Chart

Red Metal Annual Data

Trend

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Tax Rate %

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Red Metal 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															-	-	-	4.49	-6.72

Red Metal Tax Rate % Calculation

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

Red Metal'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 )
	=	0	/	-7.878
	=	0.00 %

Red Metal'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 )
	=	-0.212	/	-4.722
	=	4.49 %

Red Metal Tax Rate % Related Terms

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Red Metal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Red Metal Ltd (ASX:RDM) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

323 Castlereagh Street, Level 15, Sydney, NSW, AUS, 2000

Website

https://www.redmetal.com.au

Red Metal Ltd is a minerals exploration company. The company explores for copper, copper-gold, copper-nickel and silver-lead zinc deposits. The company owns projects in Sybella REO Discovery Northwest QLD, Paterson Province WA, Carpentaria Province QLD, Gawler Craton and Curnamona Province SA, Pilbara Craton WA, Coompana and Madura Provinces Nullarbor Project WA, and others. It operates in the mining industry in Australia.

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