GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » MyEco Group Ltd (ASX:MCO) » Definitions » Tax Rate %

MyEco Group (ASX:MCO) Tax Rate % : -0.34% (As of Dec. 2024)


View and export this data going back to 1996. Start your Free Trial

What is MyEco Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MyEco Group's Tax Expense for the six months ended in Dec. 2024 was A$0.01 Mil. MyEco Group's Pre-Tax Income for the six months ended in Dec. 2024 was A$-2.67 Mil. Therefore, MyEco Group's Tax Rate % for the quarter that ended in Dec. 2024 was -0.34%.

MyEco Group Tax Rate % Historical Data

The historical data trend for MyEco Group'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.

MyEco Group Tax Rate % Chart

MyEco Group 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 - -382.31 -5.90 -17.37 -11.58

MyEco Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -1.06 -29.52 -0.30 -17.91 -0.34

MyEco Group Tax Rate % Calculation

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

MyEco Group'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 )
=0.978/-8.446
=-11.58 %

MyEco Group's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0.009/-2.672
=-0.34 %

* 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.

MyEco Group Tax Rate % Related Terms

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

MyEco Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » MyEco Group Ltd (ASX:MCO) » Definitions » Tax Rate %
Comparable Companies
ASX:PPG ASX:PPY IP SW PKG BALL AMCR AVY CCK TSX:CCL.A BERY GPK XSWX:SIGN SLGN REYN SON SEE SZSE:002812 OHEL:HUH1V XPAR:VRLA
Traded in Other Exchanges
N/A
Address
247 Ferntree Gully Road, Unit 1, Mount Waverley, Melbourne, VIC, AUS, 3149
Website
https://www.myeco.group
MyEco Group Ltd is an Australian developer and manufacturer of sustainable packaging materials. It supplies proprietary biodegradable resins, packaging products cast films to a customer base spread globally.SECOS Global Application Development Centre is in Australia. Product Development Centre and manufacturing plant for resins and finished products in China and resins plant in Malaysia.