MMJJF (Hygrovest) Tax Rate % : 29.05% (As of Dec. 2024)

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What is Hygrovest Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hygrovest's Tax Expense for the six months ended in Dec. 2024 was $0.16 Mil. Hygrovest's Pre-Tax Income for the six months ended in Dec. 2024 was $0.54 Mil. Therefore, Hygrovest's Tax Rate % for the quarter that ended in Dec. 2024 was 29.05%.

Hygrovest Tax Rate % Historical Data

The historical data trend for Hygrovest'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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Hygrovest Tax Rate % Chart

Hygrovest Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Tax Rate %

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6.58

40.82

10.47

4.29

238.10

Hygrovest Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Tax Rate %	Get a 7-Day Free Trial														44.53	12.77	-3.99	23.21	29.05

Hygrovest Tax Rate % Calculation

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

Hygrovest's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2024 )	/	Pre-Tax Income (A: Jun. 2024 )
	=	0.15	/	0.063
	=	238.10 %

Hygrovest's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	0.156	/	0.537
	=	29.05 %

Hygrovest Tax Rate % Related Terms

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Hygrovest Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hygrovest Ltd (OTCPK:MMJJF) » Definitions » Tax Rate %

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Traded in Other Exchanges

UWC:Australia

Address

19-29 Martin Place, MLC Centre, Suite 5706, Level 57, Sydney, NSW, AUS, 2000

Website

https://www.hygrovest.com.au

Hygrovest Ltd is a specialist investment company. It has built a diversified portfolio by investing in Australian and offshore cannabis-related businesses including healthcare products, technology, and infrastructure. The company's portfolio includes Southern Cannabis Holdings, Medio Labs Inc., Weed Me, Fire and Flower, Bien, BevCanna, and others.