Spear REIT (JSE:SEA) Tax Rate % : 0.49% (As of Feb. 2024)

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What is Spear REIT Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Spear REIT's Tax Expense for the six months ended in Feb. 2024 was R1.2 Mil. Spear REIT's Pre-Tax Income for the six months ended in Feb. 2024 was R248.0 Mil. Therefore, Spear REIT's Tax Rate % for the quarter that ended in Feb. 2024 was 0.49%.

Spear REIT Tax Rate % Historical Data

The historical data trend for Spear REIT'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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Spear REIT Tax Rate % Chart

Spear REIT Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Tax Rate %

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-0.03

12.70

2.32

1.37

0.53

Spear REIT Semi-Annual Data
	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Tax Rate %	Get a 7-Day Free Trial										3.96	1.76	0.91	0.60	0.49

Spear REIT Tax Rate % Calculation

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

Spear REIT's Tax Rate % for the fiscal year that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Feb. 2024 )	/	Pre-Tax Income (A: Feb. 2024 )
	=	1.923	/	364.663
	=	0.53 %

Spear REIT'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 )
	=	1.223	/	247.969
	=	0.49 %

Spear REIT Tax Rate % Related Terms

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Spear REIT (JSE:SEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Spear REIT Ltd (JSE:SEA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Long Street, PO Box 50, 16th Floor, Cape Town, ZAF, 8001

Website

https://www.spearprop.co.za

Spear REIT Ltd is a real estate investment trust. The company is a diversified property investment company investing in real estate sectors including office, retail, industrial, residential, and hospitality. Its operating business segments are Industrial, Commercial, Retail, Hospitality, Residential, Development, and Non-property. The segments derive their revenue mainly from rental income from leases. The company derives maximum revenue from the Industrial segment.

Spear REIT (JSE:SEA) Headlines

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