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Altron (JSE:AEL) Tax Rate % : 18.24% (As of Feb. 2024)


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What is Altron Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Altron's Tax Expense for the six months ended in Feb. 2024 was R62 Mil. Altron's Pre-Tax Income for the six months ended in Feb. 2024 was R340 Mil. Therefore, Altron's Tax Rate % for the quarter that ended in Feb. 2024 was 18.24%.

Altron Tax Rate % Historical Data

The historical data trend for Altron'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.

Altron Tax Rate % Chart

Altron Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.07 26.56 44.37 26.18 24.30

Altron Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 53.16 27.80 24.49 33.19 18.24

Altron Tax Rate % Calculation

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

Altron's Tax Rate % for the fiscal year that ended in Feb. 2024 is calculated as

Tax Rate %=Tax Expense (A: Feb. 2024 )/Pre-Tax Income (A: Feb. 2024 )
=139/572
=24.30 %

Altron's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Feb. 2024 )/Pre-Tax Income (Q: Feb. 2024 )
=62/340
=18.24 %

* 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.

Altron Tax Rate % Related Terms

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Altron (JSE:AEL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Altron Ltd (JSE:AEL) » Definitions » Tax Rate %
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Traded in Other Exchanges
RY7A:Germany
Address
20 Woodlands Drive, Altron Campus, Woodlands Office Park, Woodmead, GT, ZAF, 2191
Website
https://www.altron.com
Altron Ltd provides integrated ICT solutions to businesses, governments, and consumers. Its segments are Digital Transformation, Managed Services, and Own Platforms. It has a direct presence in South Africa, the rest of Africa, Europe, the Middle East, and Australia. Most of the group's revenue is derived from the local market in South Africa.