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Afrimat (JSE:AFT) Tax Rate % : 30.99% (As of Feb. 2024)


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What is Afrimat Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Afrimat's Tax Expense for the six months ended in Feb. 2024 was R184 Mil. Afrimat's Pre-Tax Income for the six months ended in Feb. 2024 was R593 Mil. Therefore, Afrimat's Tax Rate % for the quarter that ended in Feb. 2024 was 30.99%.

Afrimat Tax Rate % Historical Data

The historical data trend for Afrimat'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.

Afrimat Tax Rate % Chart

Afrimat 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 18.86 25.48 27.30 28.82 29.16

Afrimat 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 27.07 27.31 30.47 27.08 30.99

Afrimat Tax Rate % Calculation

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

Afrimat'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 )
=324.692/1113.408
=29.16 %

Afrimat'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 )
=183.758/592.889
=30.99 %

* 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.

Afrimat Tax Rate % Related Terms

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Afrimat (JSE:AFT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Afrimat Ltd (JSE:AFT) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530
Website
https://www.afrimat.co.za
Afrimat Ltd is a South Africa-based company. It operates in three segments: Construction Materials, which comprises aggregates, concrete-based products, and contracting operations; Industrial Minerals segment consists mainly of the sale of limestone, dolomite, and industrial sand; Bulk Commodities segment includes iron ore and anthracite; and Services segment consists of Group shared services including IT services, consulting services, etc. It operates in a single geographical segment, which is the African region.