Surface Transforms (LSE:SCE) Tax Rate % : 11.73% (As of Jun. 2023)

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What is Surface Transforms Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Surface Transforms's Tax Expense for the six months ended in Jun. 2023 was £-0.64 Mil. Surface Transforms's Pre-Tax Income for the six months ended in Jun. 2023 was £-5.48 Mil. Therefore, Surface Transforms's Tax Rate % for the quarter that ended in Jun. 2023 was 11.73%.

Surface Transforms Tax Rate % Historical Data

The historical data trend for Surface Transforms'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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Surface Transforms Tax Rate % Chart

Surface Transforms Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

Dec20

Dec21

Dec22

Tax Rate %

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20.23

30.40

21.06

13.69

20.91

Surface Transforms Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Tax Rate %	Get a 7-Day Free Trial															12.64	14.66	13.82	25.97	11.73

Surface Transforms Tax Rate % Calculation

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

Surface Transforms's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	-1.264	/	-6.046
	=	20.91 %

Surface Transforms's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	-0.643	/	-5.484
	=	11.73 %

Surface Transforms Tax Rate % Related Terms

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Surface Transforms (LSE:SCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Surface Transforms PLC (LSE:SCE) » Definitions » Tax Rate %

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Traded in Other Exchanges

XE4:Germany

Address

Acornfield Road, Knowsley Industrial Estate, Image Business Park, Liverpool, GBR, L33 7UF

Website

https://www.surfacetransforms.com

Surface Transforms PLC is a company that develops, manufactures, and markets carbon-ceramic products for the brakes market. It also engages in developing new products and applications for carbon fiber-reinforced ceramic friction and non-friction materials. It has operations spread across the United Kingdom, Germany, Sweden the United States of America, the Rest of Europe, and the Rest of the World.

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