African Copper (LSE:ACU) Tax Expense: £0.00 Mil (TTM As of Sep. 2014)

What is African Copper Tax Expense?

African Copper LSE:ACU +10.00% Tax Expense is £0.00 Mil as of Sep. 2014. The stock has 4 warning signs investors should review.

African Copper's tax expense for the months ended in Sep. 2014 was £0.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in Sep. 2014 was £0.00 Mil.

African Copper (LSE:ACU) 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.

African Copper Tax Expense Related Terms

African Copper Tax Expense Historical Data

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The historical data trend for African Copper'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.

African Copper Tax Expense Chart

African Copper Annual Data

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African Copper Semi-Annual Data
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Tax Expense	Get a 7-Day Free Trial														0.00	0.00	0.00	0.00	0.00

African Copper 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 Sep. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Frequently Asked Questions Learn more about Tax Expense →

What does a Tax Expense of £0.00 Mil mean?

African Copper (LSE:ACU) has a Tax Expense of £0.00 Mil as of Sep. 2014. Tax expense is the amount of tax the company pays in an accounting period. View historical data on African Copper and its competitors.

Is African Copper's Tax Expense too high?

African Copper's current Tax Expense is £0.00 Mil.

How does African Copper's Tax Expense compare to competitors?

African Copper's Tax Expense of £0.00 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Tax Expense for a Metals & Mining company?

A good Tax Expense depends on the Metals & Mining industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Tax Expense mean?

A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on African Copper and its competitors. African Copper's current Tax Expense is £0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is African Copper stock overvalued right now?

African Copper (LSE:ACU) has a current Tax Expense of £0.00 Mil. The current Tax Expense is £0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Tax Expense calculated?

Tax Expense is calculated from a company's financial statements. For African Copper (LSE:ACU), the current Tax Expense is £0.00 Mil as of Sep. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

African Copper Business Description

Industry Basic Materials Metals & Mining

Comparable Companies LTS:0MB2 LSE:ATYM LTS:0K7F LTS:0RQ9 LTS:0P6E LTS:0O8D

Website http://www.africancopper.com

African Copper PLC was incorporated on February 11, 2004 in England and Wales. The Company is engaged in the exploration for, development and mining of, copper deposits in the Republic of Botswana. Its main activity is that of a holding company. Its main project is the copper producing open pit Mowana mine. The Company's wholly-owned subsidiary Messina holds the Dukwe Project comprising exploration licence PL 33/2005, with an area of 139.6 km2. The Dukwe Project with its associated licences encompasses the Mowana Mine and all current estimated mineral resources and reserves associated with the mine; together with north and south extensions of mineralization that lie outside of the Mowana Mine licence area. It also owns the rights to the adjacent Thakadu-Makala deposits and holds permits in exploration properties at the Matsitama Project which is contiguous to the southern boundary of the Mowana Mine.