Asante Gold (XGHA:ASG) Tax Rate % : 21.08% (As of Apr. 2024)

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What is Asante Gold Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Asante Gold's Tax Expense for the three months ended in Apr. 2024 was GHS-81 Mil. Asante Gold's Pre-Tax Income for the three months ended in Apr. 2024 was GHS-386 Mil. Therefore, Asante Gold's Tax Rate % for the quarter that ended in Apr. 2024 was 21.08%.

Asante Gold Tax Rate % Historical Data

The historical data trend for Asante Gold'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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Asante Gold Tax Rate % Chart

Asante Gold Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Tax Rate %

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-6.80

37.56

Asante Gold Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Tax Rate %	Get a 7-Day Free Trial															-2.14	-5.83	-1.06	205.99	21.08

Asante Gold Tax Rate % Calculation

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

Asante Gold's Tax Rate % for the fiscal year that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Jan. 2024 )	/	Pre-Tax Income (A: Jan. 2024 )
	=	-953.679	/	-2538.771
	=	37.56 %

Asante Gold's Tax Rate % for the quarter that ended in Apr. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Apr. 2024 )	/	Pre-Tax Income (Q: Apr. 2024 )
	=	-81.343	/	-385.87
	=	21.08 %

Asante Gold Tax Rate % Related Terms

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Asante Gold (XGHA:ASG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Asante Gold Corp (XGHA:ASG) » Definitions » Tax Rate %

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ASGOF:USA 1A9:Germany ASE:Canada

Address

800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website

https://www.asantegold.com

Asante Gold Corp is an exploration stage company. It plans to capitalize on the gold-rich and growing mining environment by continuing to build assets through exploration, development, and acquisitions. The company is involved in the exploration and evaluation of mineral properties in Ghana, West Africa. The group portfolio consists of various projects namely Fahiakoba, Betanase, Keyhole, and Kubi and it generally explores gold deposits. The company has also acquired the Bibiani gold mine from Resolute Mining.