Citicore Renewable Energy (PHS:CREC) Tax Expense : ₱ Mil (TTM As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Citicore Renewable Energy Tax Expense?

Citicore Renewable Energy's tax expense for the months ended in Jun. 2024 was ₱4 Mil.

Citicore Renewable Energy Tax Expense Historical Data

The historical data trend for Citicore Renewable Energy'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.

* Premium members only.

Citicore Renewable Energy Tax Expense Chart

Citicore Renewable Energy Annual Data

Trend

Tax Expense

Citicore Renewable Energy Quarterly Data
	Jun23	Jun24
Tax Expense	0.25	4.15

Citicore Renewable Energy 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.

Citicore Renewable Energy (PHS:CREC) 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.

Citicore Renewable Energy Tax Expense Related Terms

Thank you for viewing the detailed overview of Citicore Renewable Energy's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.

Citicore Renewable Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Citicore Renewable Energy Corp (PHS:CREC) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Santolan Road, Little Baguio, 11th Floor, Rockwell Santolan Town Plaza, San Juan, LUN, PHL

Website

https://www.crec.com.ph

Citicore Renewable Energy Corp is a company that is pure renewable energy developer and operator of solar, run-of-river hydro, and off-shore wind energy platforms in the country. Its renewable energy portfolio consists entirely of operating solar power plants. It also has over five Gigawatts of project pipelines in varying stages of development.

Citicore Renewable Energy Headlines

No Headlines