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Sims (ASX:SGM) Tax Rate % : 38.52% (As of Dec. 2024)


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What is Sims Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sims's Tax Expense for the six months ended in Dec. 2024 was A$19 Mil. Sims's Pre-Tax Income for the six months ended in Dec. 2024 was A$50 Mil. Therefore, Sims's Tax Rate % for the quarter that ended in Dec. 2024 was 38.52%.


Sims Tax Rate % Historical Data

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

Sims 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 -4.90 24.17 20.89 31.63 97.69

Sims 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 33.02 29.80 53.03 -2.73 38.52

Sims Tax Rate % Calculation

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

Sims'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 )
=76/77.8
=97.69 %

Sims'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 )
=19.3/50.1
=38.52 %

* 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.


Sims Tax Rate % Related Terms

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Sims Business Description

Traded in Other Exchanges
Address
189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, AUS, 2020
Sims is the world's largest publicly traded metal and electronics recycler, with about three-fourths of earnings generated in North America and the remainder from Australia and New Zealand. Its main business is the buying, processing, and selling of scrap metal. Sims North American segment comprises the largest ferrous scrap recycler in North America, trading as Sims Metal Management, and 50% owned SA Recycling. Almost all sales are of ferrous metals with less than 10% of sales volumes from more valuable nonferrous metals retrieved in the scrap recycling process.

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