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TERCF (TerraCom) Tax Rate % : 12.75% (As of Jun. 2024)


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What is TerraCom Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TerraCom's Tax Expense for the six months ended in Jun. 2024 was $-0.6 Mil. TerraCom's Pre-Tax Income for the six months ended in Jun. 2024 was $-4.9 Mil. Therefore, TerraCom's Tax Rate % for the quarter that ended in Jun. 2024 was 12.75%.

TerraCom Tax Rate % Historical Data

The historical data trend for TerraCom'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.

TerraCom Tax Rate % Chart

TerraCom Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.25 10.89 29.08 27.29 24.82

TerraCom 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 29.03 27.69 26.40 22.64 12.75

TerraCom Tax Rate % Calculation

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

TerraCom'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 )
=5.49/22.116
=24.82 %

TerraCom'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 )
=-0.623/-4.885
=12.75 %

* 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.

TerraCom Tax Rate % Related Terms

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TerraCom Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » TerraCom Ltd (OTCPK:TERCF) » Definitions » Tax Rate %
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Traded in Other Exchanges
2GF:Germany TER:Australia
Address
Blair Athol Mine Access Road, Clermont, QLD, AUS, 4721
Website
https://www.terracomresources.com
TerraCom Ltd is a miner of thermal and coking coal with development projects in Queensland, Australia. Its projects in Australia include Hughenden, Pentland, Northern Galilee, Berenice Project, Cygnus Project, Springsure and others. Business operating segments includes Australia, South Africa, and Unallocated segments. Geographically, the company generates maximum revenue from Australia. Firms' mainstream revenue is generated from customers like Eskom, Glencore, Vitol Asia and Others.

TerraCom Headlines

From GuruFocus

TerraCom Reports Record Full Year Sales

By PRNewswire PRNewswire • 09-03-2018