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Novus Properties (XMAU:NOV) Tax Rate % : 9.69% (As of Jun. 2024)


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What is Novus Properties Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Novus Properties's Tax Expense for the three months ended in Jun. 2024 was MUR0.52 Mil. Novus Properties's Pre-Tax Income for the three months ended in Jun. 2024 was MUR5.32 Mil. Therefore, Novus Properties's Tax Rate % for the quarter that ended in Jun. 2024 was 9.69%.

Novus Properties Tax Rate % Historical Data

The historical data trend for Novus Properties'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.

Novus Properties Tax Rate % Chart

Novus Properties 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 12.72 12.56 5.51 2.73 7.48

Novus Properties Quarterly Data
Dec18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 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 7.61 1.49 6.23 6.89 9.69

Novus Properties Tax Rate % Calculation

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

Novus Properties'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 )
=0.929/12.426
=7.48 %

Novus Properties'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 )
=0.515/5.315
=9.69 %

* 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.

Novus Properties Tax Rate % Related Terms

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Novus Properties Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Novus Properties Ltd (XMAU:NOV) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
C/o NWT Secretarial Services Ltd, 6th & 7th Floor, Dias Pier Building, Le Caudan Waterfront, Port Louis, MUS, 11307
Website
https://www.novusproperties.mu
Novus Properties Ltd is engaged in acquiring, investing, and holding an investment in real estate located in Mauritius. It invests mainly in the Offices and Light Industrial sectors. The company generates the majority revenue from the rental income. The company has invested in Industrial building at Pailles, GRNW, Offices at Grand Bay Business Park.