ZIZTF (Zip Co) Tax Rate % : -8.00% (As of Jun. 2024)

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What is Zip Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Zip Co's Tax Expense for the six months ended in Jun. 2024 was $3.3 Mil. Zip Co's Pre-Tax Income for the six months ended in Jun. 2024 was $-41.4 Mil. Therefore, Zip Co's Tax Rate % for the quarter that ended in Jun. 2024 was -8.00%.

Zip Co Tax Rate % Historical Data

The historical data trend for Zip Co'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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Zip Co Tax Rate % Chart

Zip Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Tax Rate %

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3.15

9.01

0.03

9.78

77.46

Zip Co 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															0.05	-0.14	26.95	16.52	-8.00

Zip Co Tax Rate % Calculation

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

Zip Co'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 )
	=	12.912	/	16.669
	=	77.46 %

Zip Co'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 )
	=	3.315	/	-41.423
	=	-8.00 %

Zip Co Tax Rate % Related Terms

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Zip Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Zip Co Ltd (OTCPK:ZIZTF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

YRRA:Germany ZIP:Australia

Address

126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.zip.co

Zip Co Ltd is a diversified finance provider, offering consumer financing via a line of credit (via Zip Pay and Zip Money) and instalment-based finance (via QuadPay, Spotii, Twisto, and PayFlex); as well as lending to small to midsize enterprises (via Zip Business). Zip's fortunes are largely tied to the buy now, pay later, or BNPL, industry. Majority of its products-Zip Pay, QuadPay (Zip U.S.), and PayFlex-do not charge interest based on outstanding balances. The company provides services in four countries around the world, Australia and New Zealand (ANZ), the United States, and Canada (Americas). The company's segments include ANZ, Americas, and Corporate.