GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Scentre Group (OTCPK:STGPF) » Definitions » Tax Rate %

STGPF (Scentre Group) Tax Rate % : 4.50% (As of Jun. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Scentre Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Scentre Group's Tax Expense for the six months ended in Jun. 2024 was $13 Mil. Scentre Group's Pre-Tax Income for the six months ended in Jun. 2024 was $283 Mil. Therefore, Scentre Group's Tax Rate % for the quarter that ended in Jun. 2024 was 4.50%.


Scentre Group Tax Rate % Historical Data

The historical data trend for Scentre Group'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.

* Premium members only.

Scentre Group Tax Rate % Chart

Scentre Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.57 -0.68 3.54 6.93 5.91

Scentre Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.69 -6.11 8.30 -11.76 4.50

Scentre Group Tax Rate % Calculation

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

Scentre Group'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 )
=7.363/124.498
=5.91 %

Scentre Group's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=12.749/283.134
=4.50 %

* 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.


Scentre Group Tax Rate % Related Terms

Thank you for viewing the detailed overview of Scentre Group's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Scentre Group Business Description

Traded in Other Exchanges
Address
85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000
Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning seven of the top 10 Australian and four of the top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants at end-June 2024. While about one third of floor space is allocated to department stores at that date, we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. Almost every Scentre mall is anchored by at least one supermarket but these tenants accounts for less than 10% of gross lettable area due to the large size of Scentre's assets.

Scentre Group Headlines