Manganese Bronze Holdings (LSE:MNGS) Tax Expense: £0.00 Mil (TTM As of Jun. 2012)

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What is Manganese Bronze Holdings Tax Expense?

Manganese Bronze Holdings LSE:MNGS Tax Expense is £0.00 Mil as of Jun. 2012.

Manganese Bronze Holdings's tax expense for the months ended in Jun. 2012 was £0.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jun. 2012 was £0.00 Mil.

Manganese Bronze Holdings  (LSE:MNGS) 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.

Manganese Bronze Holdings Tax Expense Related Terms

Manganese Bronze Holdings Tax Expense Historical Data

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The historical data trend for Manganese Bronze Holdings'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.

Manganese Bronze Holdings Tax Expense Chart

Manganese Bronze Holdings Annual Data
Trend Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09 Dec10 Dec11
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 -1.92 -0.37 -0.71 0.42

Manganese Bronze Holdings Quarterly Data
Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jun08 Jun09 Jun10 Jun11 Jun12
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Manganese Bronze Holdings 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was £0.00 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of £0.00 Mil mean?
Manganese Bronze Holdings (LSE:MNGS) has a Tax Expense of £0.00 Mil as of Jun. 2012. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Manganese Bronze Holdings and its competitors.
Is Manganese Bronze Holdings' Tax Expense too high?
Manganese Bronze Holdings' current Tax Expense is £0.00 Mil.
How does Manganese Bronze Holdings' Tax Expense compare to competitors?
Manganese Bronze Holdings' Tax Expense of £0.00 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Tax Expense depends on the Vehicles & Parts 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 Manganese Bronze Holdings and its competitors. Manganese Bronze Holdings'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 Manganese Bronze Holdings stock overvalued right now?
Manganese Bronze Holdings (LSE:MNGS) 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 Manganese Bronze Holdings (LSE:MNGS), the current Tax Expense is £0.00 Mil as of Jun. 2012. 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.

Manganese Bronze Holdings Business Description

Manganese Bronze Holdings PLC provides automotive and taxi services in the UK. It is currently organised into three operating divisions - vehicle sales, vehicle services, and Shanghai LTI. The vehicle sales segment includes the design, development, assembly, and retailing of new purpose-built taxis, along with the sale of used vehicles taken in part exchange, parts, and vehicle maintenance. The vehicle services segment comprises taxi finance. The Shanghai LTI segment is the joint venture based in Shanghai, China, which assembles the London Taxi under license from the company. The company's operations are located in the United Kingdom and China.