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Newton Resources (FRA:8NW) Tax Rate % : 18.97% (As of Jun. 2024)


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What is Newton Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Newton Resources's Tax Expense for the six months ended in Jun. 2024 was €0.3 Mil. Newton Resources's Pre-Tax Income for the six months ended in Jun. 2024 was €1.6 Mil. Therefore, Newton Resources's Tax Rate % for the quarter that ended in Jun. 2024 was 18.97%.


Newton Resources Tax Rate % Historical Data

The historical data trend for Newton Resources'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.

* Premium members only.

Newton Resources Tax Rate % Chart

Newton Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.14 -2.54 0.10 9.58 -20.23

Newton Resources Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 6.61 10.55 15.02 18.97 13.65

Newton Resources Tax Rate % Calculation

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

Newton Resources's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0.23/2.402
=9.58 %

Newton Resources's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.306/1.613
=18.97 %

* 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.


Newton Resources Tax Rate % Related Terms

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Newton Resources Business Description

Traded in Other Exchanges
Address
248 Queen's Road East, Units 4204-05, 42/Floor, Dah Sing Financial Centre, Wan Chai, HKG
Newton Resources Ltd is engaged in the trading of iron ore and other commodities. The company recognized revenue derived from sales of iron ore products and other commodities from Mainland China which derives key revenue, and other countries.

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