GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IPD Group Ltd (ASX:IPG) » Definitions » Tax Expense

IPD Group (ASX:IPG) Tax Expense : A$11.3 Mil (TTM As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is IPD Group Tax Expense?

IPD Group's tax expense for the months ended in Dec. 2024 was A$5.6 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$11.3 Mil.


IPD Group Tax Expense Historical Data

The historical data trend for IPD Group's Tax Expense 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.

IPD Group Tax Expense Chart

IPD Group Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Tax Expense
- 4.97 7.12 9.98

IPD Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Tax Expense Get a 7-Day Free Trial 3.42 3.70 4.27 5.71 5.61

IPD Group Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$11.3 Mil.

* 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.


IPD Group  (ASX:IPG) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


IPD Group Tax Expense Related Terms

Thank you for viewing the detailed overview of IPD Group's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


IPD Group Business Description

Traded in Other Exchanges
Address
43-47 Newton Road, Wetherill Park, Sydney, NSW, AUS, 2164
IPD Group Ltd serves the electrical industry. The company's core focus is power distribution, power monitoring, industrial control, renewables, test and measurement, and services, across a range of verticals such as power generation, commercial, hospitality, infrastructure, and sports and leisure facilities. Its segment includes the Products division and Services division. The company generates maximum revenue from the Products division segment. The company's product division consists of five different types of product categories namely, Power distribution, Industrial and motor control, Automation and industrial communication, Power monitoring, and Electric vehicle solutions.