Steel & Tube Holdings (NZSE:STU) Tax Rate % : 28.61% (As of Dec. 2023)

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What is Steel & Tube Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Steel & Tube Holdings's Tax Expense for the six months ended in Dec. 2023 was NZ$2.1 Mil. Steel & Tube Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was NZ$7.5 Mil. Therefore, Steel & Tube Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 28.61%.

Steel & Tube Holdings Tax Rate % Historical Data

The historical data trend for Steel & Tube 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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Steel & Tube Holdings Tax Rate % Chart

Steel & Tube Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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25.43

6.75

-0.78

28.00

28.49

Steel & Tube Holdings 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															28.35	27.68	28.18	29.20	28.61

Steel & Tube Holdings Tax Rate % Calculation

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

Steel & Tube Holdings's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	6.773	/	23.77
	=	28.49 %

Steel & Tube 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 )
	=	2.143	/	7.491
	=	28.61 %

Steel & Tube Holdings Tax Rate % Related Terms

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Steel & Tube Holdings (NZSE:STU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Steel & Tube Holdings Ltd (NZSE:STU) » Definitions » Tax Rate %

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Traded in Other Exchanges

N/A

Address

7 Bruce Roderick Drive, East Tamaki, Auckland, NTL, NZL, 2013

Website

https://www.steelandtube.co.nz

Steel & Tube Holdings Ltd is a New Zealand-based company. The company is a provider of steel solutions. It is a distributor and manufacturer of steel products including steel, stainless steel, architectural stainless, pipe, fittings and valves, pipe and cable supports, fastenings, roofing and cladding, and many more. The company's operating segments include Distribution and Infrastructure. It generates maximum revenue from the Distribution segment.

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