Sims (SMUPF) Tax Rate % : 53.03% (As of Dec. 2023)

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What is Sims Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sims's Tax Expense for the six months ended in Dec. 2023 was $50 Mil. Sims's Pre-Tax Income for the six months ended in Dec. 2023 was $94 Mil. Therefore, Sims's Tax Rate % for the quarter that ended in Dec. 2023 was 53.03%.

Sims Tax Rate % Historical Data

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

Sims Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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30.10

-4.90

24.17

20.89

31.63

Sims 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															23.80	18.62	33.02	29.80	53.03

Sims Tax Rate % Calculation

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

Sims'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 )
	=	56.242	/	177.785
	=	31.63 %

Sims'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 )
	=	49.732	/	93.775
	=	53.03 %

Sims Tax Rate % Related Terms

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Sims (SMUPF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sims Ltd (OTCPK:SMUPF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SMSMY:USA I8M:Germany SGM:Australia

Address

189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, AUS, 2020

Website

https://www.simsltd.com

Sims Ltd was created from the 2008 merger of two metal-recycling companies: Australia's Sims Group and America's Metal Management. The company is publicly traded metal and electronics recycler, with roughly half of its revenue generated in North America and the balance split between Australasia and Europe. The company buys, processes and sells ferrous and non-ferrous discarded metals. The company's segment includes North America Metal, Australia/New Zealand Metal, Global Trading, Investment in SA Recycling, UK metal, and Sims Lifecycle Services. The company generates the majority revenue from North America Metal segment.