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Avingtrans (LSE:AVG) Tax Expense : £1.1 Mil (TTM As of Nov. 2024)


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What is Avingtrans Tax Expense?

Avingtrans's tax expense for the months ended in Nov. 2024 was £0.5 Mil. Its tax expense for the trailing twelve months (TTM) ended in Nov. 2024 was £1.1 Mil.


Avingtrans Tax Expense Historical Data

The historical data trend for Avingtrans'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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Avingtrans Tax Expense Chart

Avingtrans Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.38 0.97 1.25 1.18

Avingtrans Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.79 0.53 0.66 0.45

Avingtrans 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 Nov. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £1.1 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.


Avingtrans  (LSE:AVG) 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.


Avingtrans Tax Expense Related Terms

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Avingtrans Business Description

Traded in Other Exchanges
Address
Chatteris Business Park, Chatteris, Cambridgeshire, GBR, PE16 6SA
Avingtrans PLC designs, manufactures, and supplies original equipment, systems, and associated aftermarket services to the energy, medical, and industrial markets around the world. The company is divided into the following segments Energy-AES and Medical-MII. The majority of its revenue is generated from the Energy-AES segment which which designs, manufactures, and services performance-critical electric motors and pumps for the energy industry. This segment also offers products like gas compressors, pressure vessels, blast doors, and containers. The Medical-MII segment designs and manufactures equipment for the medical, science, and research communities. Geographically, it derives key revenue from the United Kingdom, and the rest from China, Africa, the Middle East, and other regions.

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