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Strip Tinning Holdings (LSE:STG) Tax Rate % : 64.71% (As of Dec. 2023)


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What is Strip Tinning Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Strip Tinning Holdings's Tax Expense for the six months ended in Dec. 2023 was £-0.61 Mil. Strip Tinning Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was £-0.94 Mil. Therefore, Strip Tinning Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 64.71%.

Strip Tinning Holdings Tax Rate % Historical Data

The historical data trend for Strip Tinning Holdings'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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Strip Tinning Holdings Tax Rate % Chart

Strip Tinning Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 4.02 37.54 22.32 12.83 55.51

Strip Tinning Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.89 14.29 11.31 44.74 64.71

Strip Tinning Holdings Tax Rate % Calculation

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

Strip Tinning Holdings'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 )
=-0.962/-1.733
=55.51 %

Strip Tinning Holdings'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 )
=-0.605/-0.935
=64.71 %

* 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.

Strip Tinning Holdings Tax Rate % Related Terms

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Strip Tinning Holdings (LSE:STG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Strip Tinning Holdings PLC (LSE:STG) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Arden Road, Arden Business Park, Frankley, Birmingham, West Midlands, GBR, B45 0JA
Website
https://www.striptinning.com
Strip Tinning Holdings PLC manufactures specialist flexible electrical connectors related primarily to heating and antennae systems embedded within automotive glazing and to the connection of the cells within electric vehicle battery packs, increasingly using flexible and lightweight printed circuit technology that also has growing applications elsewhere within vehicles. The group consists of two business lines: Glazing and EV.