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Nu-World Holdings (JSE:NWL) Tax Rate % : 19.41% (As of Feb. 2024)


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What is Nu-World Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nu-World Holdings's Tax Expense for the six months ended in Feb. 2024 was R8 Mil. Nu-World Holdings's Pre-Tax Income for the six months ended in Feb. 2024 was R39 Mil. Therefore, Nu-World Holdings's Tax Rate % for the quarter that ended in Feb. 2024 was 19.41%.


Nu-World Holdings Tax Rate % Historical Data

The historical data trend for Nu-World 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.

* Premium members only.

Nu-World Holdings Tax Rate % Chart

Nu-World Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.50 24.96 25.70 18.71 19.72

Nu-World Holdings Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 21.04 8.00 19.30 20.07 19.41

Nu-World Holdings Tax Rate % Calculation

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

Nu-World Holdings's Tax Rate % for the fiscal year that ended in Aug. 2023 is calculated as

Tax Rate %=Tax Expense (A: Aug. 2023 )/Pre-Tax Income (A: Aug. 2023 )
=17.426/88.381
=19.72 %

Nu-World Holdings's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Feb. 2024 )/Pre-Tax Income (Q: Feb. 2024 )
=7.6/39.154
=19.41 %

* 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.


Nu-World Holdings Tax Rate % Related Terms

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Nu-World Holdings (JSE:NWL) Business Description

Traded in Other Exchanges
N/A
Address
35 - 3rd Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2199
Nu-World Holdings Ltd, along with its subsidiaries is engaged in importing, manufacturing, assembling, marketing, and distributing branded consumer goods including consumer electronics, high-technology, small electrical appliances, white goods, liquor, and furniture. It also manufactures kitchenware and Telefunken. The company operates its business in geographic segments that include South Africa, Hong Kong, Australia, and the United Arab Emirates. The South African segment generates maximum revenue for the company.