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Sigma Healthcare (ASX:SIG) Tax Rate % : 47.97% (As of Jul. 2024)


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What is Sigma Healthcare Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sigma Healthcare's Tax Expense for the six months ended in Jul. 2024 was A$4 Mil. Sigma Healthcare's Pre-Tax Income for the six months ended in Jul. 2024 was A$8 Mil. Therefore, Sigma Healthcare's Tax Rate % for the quarter that ended in Jul. 2024 was 47.97%.

Sigma Healthcare Tax Rate % Historical Data

The historical data trend for Sigma Healthcare'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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Sigma Healthcare Tax Rate % Chart

Sigma Healthcare Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.24 -18.37 23.73 44.58 38.42

Sigma Healthcare Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 14.47 40.16 16.81 -17.48 47.97

Sigma Healthcare Tax Rate % Calculation

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

Sigma Healthcare's Tax Rate % for the fiscal year that ended in Jan. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jan. 2024 )/Pre-Tax Income (A: Jan. 2024 )
=3.313/8.624
=38.42 %

Sigma Healthcare's Tax Rate % for the quarter that ended in Jul. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jul. 2024 )/Pre-Tax Income (Q: Jul. 2024 )
=3.908/8.147
=47.97 %

* 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.

Sigma Healthcare Tax Rate % Related Terms

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Sigma Healthcare Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sigma Healthcare Ltd (ASX:SIG) » Definitions » Tax Rate %
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ASX:PGC MCK COR CAH SHSE:601607 HSIC HKSE:01099 SHSE:600332 MIL:AMP XSWX:GALE NZSE:EBO SHSE:600511 TSE:7459 TSE:2784 TSE:9987 SHSE:600056 SHSE:600739 SZSE:000028 TSE:8129 PDCO
Traded in Other Exchanges
SIGGF:USA S5YA:Germany
Address
2125 Dandenong Road, Level 6, Clayton, Melbourne, VIC, AUS, 3168
Website
https://www.sigmahealthcare.com.au
Sigma Healthcare is an Australian pharmaceutical distributor, wholesaler and pharmacy franchisor. The revenue growth prospects and returns of pharmaceutical distribution are subdued due to ongoing Pharmaceutical Benefits Scheme, or PBS, price reform, and regulated wholesale gross margins being capped at 7% for community pharmacy. As a result, Sigma and its competitors are seeking to expand into unregulated revenue streams. In addition, pharmacy ownership is restricted to pharmacists, thereby excluding direct corporate ownership and requiring exposure via a franchise business model.