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Rainbow Chicken (JSE:RBO) Tax Expense : R165 Mil (TTM As of Dec. 2024)


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What is Rainbow Chicken Tax Expense?

Rainbow Chicken's tax expense for the months ended in Dec. 2024 was R123 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2024 was R165 Mil.


Rainbow Chicken Tax Expense Historical Data

The historical data trend for Rainbow Chicken'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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Rainbow Chicken Tax Expense Chart

Rainbow Chicken Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Tax Expense
-71.51 -14.09 -106.10 46.39

Rainbow Chicken Semi-Annual Data
Jun21 Jun22 Jun23 Dec23 Jun24 Dec24
Tax Expense Get a 7-Day Free Trial - - 4.39 42.00 123.19

Rainbow Chicken 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 R165 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.


Rainbow Chicken  (JSE:RBO) 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.


Rainbow Chicken Tax Expense Related Terms

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Rainbow Chicken Business Description

Traded in Other Exchanges
N/A
Address
1 Stanley Methven Road, Hammarsdale, Durban, NL, ZAF, 3701
Rainbow Chicken Ltd is a fully integrated broiler producing company involved in all stages of chicken production from farm to fork. It is a trusted South African heritage brand that consumers have come to rely on for quality chicken products. Its diverse product offering includes the following product sets: Fresh Chicken, Standard Chicken, Frozen Specialized Chicken, Chilled process meat. It segments includes Chicken, Animal Feed (consisting of Epol and Driehoek), Waste-to-Value (consisting of Matzonox and Matzonox Fertilisers), Group (other immaterial segments). Maximum of revenue is from Chicken Segment.

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