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Vulcan Energy Resources (ASX:VUL) Tax Expense : A$-2.01 Mil (TTM As of Jun. 2024)


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What is Vulcan Energy Resources Tax Expense?

Vulcan Energy Resources's tax expense for the months ended in Jun. 2024 was A$0.32 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jun. 2024 was A$-2.01 Mil.


Vulcan Energy Resources Tax Expense Historical Data

The historical data trend for Vulcan Energy Resources'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.

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Vulcan Energy Resources Tax Expense Chart

Vulcan Energy Resources Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Dec23
Tax Expense
- - - 0.55 -3.00

Vulcan Energy Resources Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 -0.16 -0.66 -2.33 0.32

Vulcan Energy Resources 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-2.01 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.


Vulcan Energy Resources  (ASX:VUL) 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.


Vulcan Energy Resources Tax Expense Related Terms

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Vulcan Energy Resources Business Description

Traded in Other Exchanges
Address
267 St Georges Terrace, Level 2, Perth, WA, AUS, 6000
Website
Vulcan Energy Resources Ltd is engaged in decarbonizing the carbon production footprint of lithium-ion batteries used in electric vehicles by producing a lithium hydroxide monohydrate chemical product with zero carbon footprint. The group's combined geothermal energy and lithium resource has license areas focused on the Upper Rhine Valley in Germany. Vulcan's Zero Carbon Lithium Project uses renewable geothermal energy to power its lithium extraction process and create a renewable energy by-product that helps in decarbonizing the supply chain.
Executives
Rob Ierace Chief Financial Officer
Vincent Ledoux Pedailles Chief Commercial Officer
Mark Skelton Member of the board of directors
Gavin Rezos Chairman of the Board of Directors
Josephine Rachel Bush Member of the board of directors

Vulcan Energy Resources Headlines

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