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HZNFF (Horizon Oil) Tax Rate % : 41.06% (As of Dec. 2024)


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What is Horizon Oil Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Horizon Oil's Tax Expense for the six months ended in Dec. 2024 was $4.6 Mil. Horizon Oil's Pre-Tax Income for the six months ended in Dec. 2024 was $11.2 Mil. Therefore, Horizon Oil's Tax Rate % for the quarter that ended in Dec. 2024 was 41.06%.

Horizon Oil Tax Rate % Historical Data

The historical data trend for Horizon Oil'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.

Horizon Oil Tax Rate % Chart

Horizon Oil Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.65 6.10 43.08 23.05 33.90

Horizon Oil 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 21.94 23.87 31.34 39.32 41.06

Horizon Oil Tax Rate % Calculation

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

Horizon Oil's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=13.285/39.185
=33.90 %

Horizon Oil's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=4.582/11.158
=41.06 %

* 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.

Horizon Oil Tax Rate % Related Terms

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Horizon Oil Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Horizon Oil Ltd (OTCPK:HZNFF) » Definitions » Tax Rate %
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Traded in Other Exchanges
HOJ:Germany HZN:Australia
Address
360 Kent Street, Level 4, Sydney, NSW, AUS, 2000
Website
https://horizonoil.com.au
Horizon Oil Ltd is engaged in exploration, development, production and sale of crude oil. The company operates in three segments: China development, New Zealand development and Australia development. It generates key revenue from China development segment which is involved in developing and producing crude oil from the Block 22/12-WZ6-12, WZ12-8W and WZ12-8E oil field developments and in the exploration and evaluation of hydrocarbons within Block 22/12.