Coronation Fund Managers (Coronation Fund Managers) Tax Rate % : 29.21% (As of Sep. 2023)

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What is Coronation Fund Managers Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Coronation Fund Managers's Tax Expense for the six months ended in Sep. 2023 was $13.4 Mil. Coronation Fund Managers's Pre-Tax Income for the six months ended in Sep. 2023 was $46.0 Mil. Therefore, Coronation Fund Managers's Tax Rate % for the quarter that ended in Sep. 2023 was 29.21%.

Coronation Fund Managers Tax Rate % Historical Data

The historical data trend for Coronation Fund Managers'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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Coronation Fund Managers Tax Rate % Chart

Coronation Fund Managers Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Tax Rate %

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24.26

23.53

25.91

24.29

62.11

Coronation Fund Managers Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Tax Rate %	Get a 7-Day Free Trial															27.24	21.77	27.09	97.30	29.21

Coronation Fund Managers Tax Rate % Calculation

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

Coronation Fund Managers's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2023 )	/	Pre-Tax Income (A: Sep. 2023 )
	=	55.31	/	89.056
	=	62.11 %

Coronation Fund Managers's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	13.445	/	46.03
	=	29.21 %

Coronation Fund Managers Tax Rate % Related Terms

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Coronation Fund Managers (Coronation Fund Managers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Coronation Fund Managers Ltd (GREY:COFUF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CML:South Africa N8C:Germany

Address

Cnr Campground and Main Roads, 7th Floor, MontClare Place, Claremont, Cape Town, WC, ZAF, 7708

Website

https://www.coronation.com

Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.

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