Chorus (Chorus) Tax Rate % : 58.34% (As of Dec. 2023)

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What is Chorus Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Chorus's Tax Expense for the six months ended in Dec. 2023 was $4.4 Mil. Chorus's Pre-Tax Income for the six months ended in Dec. 2023 was $7.5 Mil. Therefore, Chorus's Tax Rate % for the quarter that ended in Dec. 2023 was 58.34%.

Chorus Tax Rate % Historical Data

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

Chorus Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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32.05

28.77

34.72

39.62

19.36

Chorus Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															31.15	51.11	47.06	-14.29	58.34

Chorus Tax Rate % Calculation

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

Chorus's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	3.681	/	19.018
	=	19.36 %

Chorus'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 )
	=	4.356	/	7.467
	=	58.34 %

Chorus Tax Rate % Related Terms

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Chorus (Chorus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Chorus Ltd (OTCPK:CHRUF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CHRYY:USA CNU:New Zealand 7CH:Germany CNU:Australia

Address

1 Willis Street, Level 10, P.O. Box 632, Wellington, NTL, NZL

Website

https://www.chorus.co.nz

Chorus is New Zealand's largest fixed-line communications infrastructure entity, and was demerged in 2011 from Telecom New Zealand. Chorus offers wholesale access to its nationwide copper and fibre network to retail service providers. It also provides backhaul services to retail service providers and connects mobile phone towers. At the end of 2022, Chorus completed the government's rollout of ultra-fast broadband, or UFB, a fibre-to-the-premises network to cover 87% of the population in New Zealand.