Mincon Group (LSE:MCON) Tax Rate % : 7.40% (As of Dec. 2023)

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What is Mincon Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mincon Group's Tax Expense for the six months ended in Dec. 2023 was £0.2 Mil. Mincon Group's Pre-Tax Income for the six months ended in Dec. 2023 was £2.4 Mil. Therefore, Mincon Group's Tax Rate % for the quarter that ended in Dec. 2023 was 7.40%.

Mincon Group Tax Rate % Historical Data

The historical data trend for Mincon Group'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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Mincon Group Tax Rate % Chart

Mincon Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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12.65

15.72

18.11

21.51

16.10

Mincon Group 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															16.30	27.90	15.53	20.05	7.40

Mincon Group Tax Rate % Calculation

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

Mincon Group'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 )
	=	1.235	/	7.671
	=	16.10 %

Mincon Group'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 )
	=	0.177	/	2.392
	=	7.40 %

Mincon Group Tax Rate % Related Terms

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Mincon Group (LSE:MCON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mincon Group PLC (LSE:MCON) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MIO:Ireland MIO:Germany

Address

Smithstown Industrial Estate, County Clare, Shannon, IRL

Website

https://www.mincon.com

Mincon Group PLC is an Irish engineering company. The company is engaged in the designing, manufacturing, selling and servicing of rock drilling tools and associated products. It provides after sales support and service to customers through its network of sales and distribution companies in international markets. Most of the revenue is derived from the sale of drilling equipment and other products that are manufactured by its manufacturing sites. Geographically, it derives maximum revenue from Europe, Middle East, Africa and has a presence in Ireland, America, and Australasia.

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