Westfield Trust (ASX:WFT) Tax Rate %: 50.03% (As of Dec. 2003)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Westfield Trust Tax Rate %?

Westfield Trust ASX:WFT Tax Rate % is 50.03% as of Dec. 2003.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Westfield Trust's Tax Expense for the six months ended in Dec. 2003 was A$573.60 Mil. Westfield Trust's Pre-Tax Income for the six months ended in Dec. 2003 was A$1,146.40 Mil. Therefore, Westfield Trust's Tax Rate % for the quarter that ended in Dec. 2003 was 50.03%.

Westfield Trust Tax Rate % Related Terms

Westfield Trust Tax Rate % Historical Data

* Premium members only.

The historical data trend for Westfield Trust'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.

Westfield Trust Tax Rate % Chart

Westfield Trust Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Tax Rate %
Get a 7-Day Free Trial 50.08 50.22 50.06 50.06 50.01

Westfield Trust Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Tax Rate % Get a 7-Day Free Trial Premium Member Only 50.22 50.06 50.06 50.01 50.03

Westfield Trust Tax Rate % Calculation

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

Westfield Trust's Tax Rate % for the fiscal year that ended in Dec. 2002 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2002 )/Pre-Tax Income (A: Dec. 2002 )
=481.9/963.6
=50.01 %

Westfield Trust's Tax Rate % for the quarter that ended in Dec. 2003 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2003 )/Pre-Tax Income (Q: Dec. 2003 )
=573.6/1146.4
=50.03 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 50.03% mean?
Westfield Trust (ASX:WFT) has a Tax Rate % of 50.03% as of Dec. 2003.
Is Westfield Trust's Tax Rate % too high?
Westfield Trust's current Tax Rate % is 50.03%.
How does Westfield Trust's Tax Rate % compare to competitors?
Westfield Trust's Tax Rate % of 50.03% can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Real Estate company?
A good Tax Rate % depends on the Real Estate industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Westfield Trust's current Tax Rate % is 50.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westfield Trust stock overvalued right now?
Westfield Trust (ASX:WFT) has a current Tax Rate % of 50.03%. The current Tax Rate % is 50.03%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Westfield Trust (ASX:WFT), the current Tax Rate % is 50.03% as of Dec. 2003. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Westfield Trust Business Description

Westfield Trust (WFT) comprises interests in 50 shopping centres in Australia and New Zealand, with 3.1m sqm2 of gross lettable area servicing more than 9,400 retailers who generate in excess of $13.9 billion of retail sales.