Metair Investments (JSE:MTA) Tax Rate % : 44.77% (As of Jun. 2024)

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What is Metair Investments Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Metair Investments's Tax Expense for the six months ended in Jun. 2024 was R3 Mil. Metair Investments's Pre-Tax Income for the six months ended in Jun. 2024 was R6 Mil. Therefore, Metair Investments's Tax Rate % for the quarter that ended in Jun. 2024 was 44.77%.

Metair Investments Tax Rate % Historical Data

The historical data trend for Metair Investments'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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Metair Investments Tax Rate % Chart

Metair Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.51

37.57

27.99

101.67

55.90

Metair Investments 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															59.23	-203,108.16	49.21	74.20	44.77

Metair Investments Tax Rate % Calculation

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

Metair Investments'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 )
	=	163.051	/	291.685
	=	55.90 %

Metair Investments'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 )
	=	2.636	/	5.888
	=	44.77 %

Metair Investments Tax Rate % Related Terms

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Metair Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Metair Investments Ltd (JSE:MTA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

114 Oxford Road, Suite 7, Oxford and Glenhove Building, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

https://www.metair.co.za

Metair Investments Ltd manufactures energy storage products and automotive components. The energy storage division manufactures batteries for use in automotive applications and the telecoms, utility, mining, retail, and materials sectors. The automotive components division produces original equipment (OE) components used in the assembly of new vehicles, as well as spare parts and other products used in the automotive aftermarket. Some of its automotive component products are e brake pads, shock absorbers, lights, radiators, and air-conditioners. Its geographical segments are South Africa, Turkey & the United Kingdom, and Romania.