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Sappi (JSE:SAP) Tax Rate % : 45.28% (As of Mar. 2024)


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What is Sappi Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sappi's Tax Expense for the three months ended in Mar. 2024 was R452 Mil. Sappi's Pre-Tax Income for the three months ended in Mar. 2024 was R999 Mil. Therefore, Sappi's Tax Rate % for the quarter that ended in Mar. 2024 was 45.28%.

Sappi Tax Rate % Historical Data

The historical data trend for Sappi'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.

Sappi Tax Rate % Chart

Sappi Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.19 -7.14 -8.33 20.36 21.75

Sappi Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 23.33 4.76 -25.00 -17.76 45.28

Sappi Tax Rate % Calculation

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

Sappi's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2023 )/Pre-Tax Income (A: Sep. 2023 )
=1365.53/6277.647
=21.75 %

Sappi'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 )
=452.347/998.933
=45.28 %

* 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.

Sappi Tax Rate % Related Terms

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Sappi (JSE:SAP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sappi Ltd (JSE:SAP) » Definitions » Tax Rate %
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Address
108 Oxford Road, Rosebank, Houghton Estate, Johannesburg, GT, ZAF, 2198
Website
https://www.sappi.com
Sappi Ltd produces and sells a variety of paper and paper-related products. The products and services include Dissolving pulp, Graphic papers, Packaging and speciality papers, Casting and release papers, Biomaterials and Bio-energy. The company organizes itself into three primary segments based on geography: North America, Europe, and Southern Africa. More of the revenue comes from Europe than any other geography.