Combined Motor Holdings (JSE:CMH) Tax Rate % : 24.21% (As of Aug. 2024)

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What is Combined Motor Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Combined Motor Holdings's Tax Expense for the six months ended in Aug. 2024 was R43 Mil. Combined Motor Holdings's Pre-Tax Income for the six months ended in Aug. 2024 was R177 Mil. Therefore, Combined Motor Holdings's Tax Rate % for the quarter that ended in Aug. 2024 was 24.21%.

Combined Motor Holdings Tax Rate % Historical Data

The historical data trend for Combined Motor Holdings'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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Combined Motor Holdings Tax Rate % Chart

Combined Motor Holdings Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Tax Rate %

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27.55

27.98

26.54

28.52

26.66

Combined Motor Holdings Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Tax Rate %	Get a 7-Day Free Trial															28.16	28.90	24.74	28.36	24.21

Combined Motor Holdings Tax Rate % Calculation

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

Combined Motor Holdings'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 )
	=	148.472	/	556.956
	=	26.66 %

Combined Motor Holdings's Tax Rate % for the quarter that ended in Aug. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Aug. 2024 )	/	Pre-Tax Income (Q: Aug. 2024 )
	=	42.854	/	177.021
	=	24.21 %

Combined Motor Holdings Tax Rate % Related Terms

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Combined Motor Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Combined Motor Holdings Ltd (JSE:CMH) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Wilton Crescent, Umhlanga Ridge, Durban, ZAF, 4319

Website

https://www.cmh.co.za

Combined Motor Holdings Ltd is a South Africa-based investment holding company. The company with its subsidiaries is engaged in retail motor, car hire, and financial services. The company operates in four business segments namely Motor retail and distribution segment which comprises of retail motor dealerships of Volvo, Land Rover, Jaguar, Honda, Ford, Mazda, General Motors, Lexus, Mitsubishi, Volkswagen, Toyota, and Morris Garages, among others which also contributes a majority part of revenue; Car Hire segment; Financial services segment and, Corporate services and others segment. The majority of its revenue is earned from the South African market.

Combined Motor Holdings Headlines

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