Wesizwe Platinum (JSE:WEZ) Tax Rate % : 0.42% (As of Dec. 2023)

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What is Wesizwe Platinum Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wesizwe Platinum's Tax Expense for the six months ended in Dec. 2023 was R4.01 Mil. Wesizwe Platinum's Pre-Tax Income for the six months ended in Dec. 2023 was R949.41 Mil. Therefore, Wesizwe Platinum's Tax Rate % for the quarter that ended in Dec. 2023 was 0.42%.

Wesizwe Platinum Tax Rate % Historical Data

The historical data trend for Wesizwe Platinum'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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Wesizwe Platinum Tax Rate % Chart

Wesizwe Platinum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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33.87

1.98

41.81

-69.38

-106.39

Wesizwe Platinum Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															5.26	-130.01	-34.48	-0.93	0.42

Wesizwe Platinum Tax Rate % Calculation

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

Wesizwe Platinum'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 )
	=	12.99	/	-12.21
	=	-106.39 %

Wesizwe Platinum's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	4.007	/	949.407
	=	0.42 %

Wesizwe Platinum Tax Rate % Related Terms

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Wesizwe Platinum (JSE:WEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wesizwe Platinum Ltd (JSE:WEZ) » Definitions » Tax Rate %

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WSZWF:USA

Address

9 Autumn Road, Wesizwe House, Devcon Park, Rivonia Extension 3, Johannesburg, ZAF, 2128

Website

https://www.wesizwe.co.za

Wesizwe Platinum Ltd is an African company. It's engaged in mining exploration and infrastructure development. The primary focus of the company is the exploration of Platinum group metals and strategic metals from its Bakubung platinum mine project located in Africa. The company does not generate cash flows from operations to fund its activities and therefore relies upon the issuance of securities for financing. The company has not determined yet whether its properties contain mineral reserves that are economically recoverable.

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