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Grindrod (JSE:GND) Tax Rate % : 16.10% (As of Jun. 2024)


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What is Grindrod Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grindrod's Tax Expense for the six months ended in Jun. 2024 was R101 Mil. Grindrod's Pre-Tax Income for the six months ended in Jun. 2024 was R627 Mil. Therefore, Grindrod's Tax Rate % for the quarter that ended in Jun. 2024 was 16.10%.

Grindrod Tax Rate % Historical Data

The historical data trend for Grindrod'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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Grindrod Tax Rate % Chart

Grindrod Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 -41.14 37.87 29.53 22.15

Grindrod Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 28.22 30.39 26.73 17.96 16.10

Grindrod Tax Rate % Calculation

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

Grindrod'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 )
=301.606/1361.359
=22.15 %

Grindrod'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 )
=101.03/627.421
=16.10 %

* 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.

Grindrod Tax Rate % Related Terms

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Grindrod Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grindrod Ltd (JSE:GND) » Definitions » Tax Rate %
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Traded in Other Exchanges
GNDP.PFD:South Africa GRDLF:USA
Address
106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001
Website
https://www.grindrod.com
Grindrod Ltd is a logistics company. Its solutions include terminal operations, port management, and logistics solutions, including rail logistics, container logistics, intermodal solutions, warehouse management, road transportation, maritime transport, ships agency, clearing and forwarding, customs management, and project logistics. Its operations consist of Port and Terminals which provide dry-bulk commodities handling services along key trade corridors in South Africa, Mozambique, and Namibia. The Logistics segment operates a ships agency, clearing and forwarding, and rail services as well as container handling landside operations.

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