Chemring Group (Chemring Group) Tax Rate % : 19.74% (As of Apr. 2024)

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What is Chemring Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Chemring Group's Tax Expense for the six months ended in Apr. 2024 was $3.8 Mil. Chemring Group's Pre-Tax Income for the six months ended in Apr. 2024 was $19.0 Mil. Therefore, Chemring Group's Tax Rate % for the quarter that ended in Apr. 2024 was 19.74%.

Chemring Group Tax Rate % Historical Data

The historical data trend for Chemring 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.

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Chemring Group Tax Rate % Chart

Chemring Group Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Tax Rate %

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13.48

19.86

14.96

7.31

14.51

Chemring Group Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Tax Rate %	Get a 7-Day Free Trial															8.31	5.79	14.93	14.09	19.74

Chemring Group Tax Rate % Calculation

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

Chemring Group's Tax Rate % for the fiscal year that ended in Oct. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Oct. 2023 )	/	Pre-Tax Income (A: Oct. 2023 )
	=	7.795	/	53.715
	=	14.51 %

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

Tax Rate %	=	Tax Expense (Q: Apr. 2024 )	/	Pre-Tax Income (Q: Apr. 2024 )
	=	3.755	/	19.024
	=	19.74 %

Chemring Group Tax Rate % Related Terms

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Chemring Group (Chemring Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Chemring Group PLC (OTCPK:CMGMY) » Definitions » Tax Rate %

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Traded in Other Exchanges

CMGMF:USA CHGl:UK CHG:UK CMN1:Germany

Address

Old Salisbury Lane, Roke Manor, Romsey, Hampshire, GBR, SO51 0ZN

Website

http://www.chemring.co.uk

Chemring Group PLC is a defense technology company. The company's operating segment includes Sensors and Information; it is engaged in the development and manufacturing of electronic countermeasures, chemical and biological threat detection equipment, and explosive hazard detection (EHD) equipment. and Countermeasures and Energetics segment is engaged in the development and manufacturing of expendable countermeasures for air and sea platforms, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile components, propellants, separation sub-systems, actuators, and energetic materials. It generates maximum revenue from the Countermeasures and Energetics segment. Geographically, the majority of the revenue for the company is generated from UK.