Novus Holdings (JSE:NVS) Tax Rate % : 25.50% (As of Mar. 2024)

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What is Novus Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Novus Holdings's Tax Expense for the six months ended in Mar. 2024 was R51 Mil. Novus Holdings's Pre-Tax Income for the six months ended in Mar. 2024 was R199 Mil. Therefore, Novus Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was 25.50%.

Novus Holdings Tax Rate % Historical Data

The historical data trend for Novus 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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Novus Holdings Tax Rate % Chart

Novus Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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22.92

-45.22

31.75

-8.87

29.79

Novus Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Tax Rate %	Get a 7-Day Free Trial															27.33	49.39	-33.99	35.04	25.50

Novus Holdings Tax Rate % Calculation

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

Novus Holdings's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	107.372	/	360.481
	=	29.79 %

Novus Holdings's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	50.621	/	198.533
	=	25.50 %

Novus Holdings Tax Rate % Related Terms

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Novus Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Novus Holdings Ltd (JSE:NVS) » Definitions » Tax Rate %

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Traded in Other Exchanges

N09:Germany

Address

10 Freedom Way, Marconi Beam, Montague Gardens, Milnerton, Cape Town, WC, ZAF, 7441

Website

https://www.novus.holdings

Novus Holdings Ltd services South Africa and the African continent through its print production of all short to long-run requirements of educational materials, magazines, retail inserts, catalogs, books, newspapers, and commercial work, as well as security and digital printing. The company's reportable segment comprises Printing, Education, and Packaging where printing includes gravure, headset, coldest, sheet-fed, and digital, education contains educational content and packaging includes labels and flexible packaging. Other includes non-print or packaging products. The Majority of the firm's revenue is derived from the Printing segment.