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Growthpoint Properties (JSE:GRT) Tax Rate % : 53.23% (As of Dec. 2023)


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What is Growthpoint Properties Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Growthpoint Properties's Tax Expense for the six months ended in Dec. 2023 was R-503 Mil. Growthpoint Properties's Pre-Tax Income for the six months ended in Dec. 2023 was R-945 Mil. Therefore, Growthpoint Properties's Tax Rate % for the quarter that ended in Dec. 2023 was 53.23%.

Growthpoint Properties Tax Rate % Historical Data

The historical data trend for Growthpoint Properties'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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Growthpoint Properties Tax Rate % Chart

Growthpoint Properties Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.03 -20.65 64.59 10.41 11.61

Growthpoint Properties Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 18.00 0.61 -6.14 53.32 53.23

Growthpoint Properties Tax Rate % Calculation

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

Growthpoint Properties's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=240/2067
=11.61 %

Growthpoint Properties's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=-503/-945
=53.23 %

* 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.

Growthpoint Properties Tax Rate % Related Terms

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Growthpoint Properties (JSE:GRT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Growthpoint Properties Ltd (JSE:GRT) » Definitions » Tax Rate %
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Traded in Other Exchanges
G5JA:Germany
Address
The Place, 1 Sandton Drive, PO Box 78949, Sandton, GT, ZAF, 2196
Website
https://www.growthpoint.co.za
Growthpoint Properties Ltd is a property investment holding company engaged in the ownership of a variety of properties in South Africa and Australia. The company generates majority of its revenue from the Retail and office segments. These buildings, which are mainly office parks and low rises, are also Growthpoint's maximum valuable real estate assets. The operating segments of the company include Retail, Office, Industrial, Trading and Development, V&A Waterfront, Healthcare (GHPH), Student Accommodation (GSAH), Lango, GWI, GOZ and C&R.

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