Aluworks (XGHA:ALW) Tax Rate %: 8.12% (As of Dec. 2020)

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What is Aluworks Tax Rate %?

Aluworks XGHA:ALW Tax Rate % is 8.12% as of Dec. 2020.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Aluworks's Tax Expense for the six months ended in Dec. 2020 was GHS-2.99 Mil. Aluworks's Pre-Tax Income for the six months ended in Dec. 2020 was GHS-36.78 Mil. Therefore, Aluworks's Tax Rate % for the quarter that ended in Dec. 2020 was 8.12%.

Aluworks Tax Rate % Related Terms

Aluworks Tax Rate % Historical Data

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The historical data trend for Aluworks'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.

Aluworks Tax Rate % Chart

Aluworks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 21.39 8.12

Aluworks Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Tax Rate % Get a 7-Day Free Trial 0.00 0.00 0.00 21.39 8.12

Aluworks Tax Rate % Calculation

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

Aluworks's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2020 )/Pre-Tax Income (A: Dec. 2020 )
=-2.987/-36.781
=8.12 %

Aluworks's Tax Rate % for the quarter that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2020 )/Pre-Tax Income (Q: Dec. 2020 )
=-2.987/-36.781
=8.12 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 8.12% mean?
Aluworks (XGHA:ALW) has a Tax Rate % of 8.12% as of Dec. 2020.
Is Aluworks' Tax Rate % too high?
Aluworks' current Tax Rate % is 8.12%.
How does Aluworks' Tax Rate % compare to AA?
Aluworks' Tax Rate % of 8.12% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Metals & Mining company?
A good Tax Rate % depends on the Metals & Mining industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Aluworks's current Tax Rate % is 8.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluworks stock overvalued right now?
Aluworks (XGHA:ALW) has a current Tax Rate % of 8.12%. The current Tax Rate % is 8.12%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Aluworks (XGHA:ALW), the current Tax Rate % is 8.12% as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aluworks Business Description

Address Plot No. 63/1, Heavy Industrial Area, P. O. Box CO 914, Greater Accra, Tema, GHA
Aluworks Ltd is engaged in continuous casting and cold rolling of aluminum products. The company manufactures aluminum coils, circles, corrugated sheets, and flat sheets. It acts as a supplier of aluminum coils, discs, flat sheets and sheet-in-coil as raw materials for many small and medium-scale factories manufacturing aluminum household cooking utensils, corrugated roofing sheets, and general fabrication. The company generates the majority of its revenue from Ghana.