GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Qube Holdings Ltd (OTCPK:QUBHF) » Definitions » Tax Expense

QUBHF (Qube Holdings) Tax Expense : $48 Mil (TTM As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Qube Holdings Tax Expense?

Qube Holdings's tax expense for the months ended in Dec. 2024 was $23 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2024 was $48 Mil.


Qube Holdings Tax Expense Historical Data

The historical data trend for Qube 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.

* Premium members only.

Qube Holdings Tax Expense Chart

Qube Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.30 -20.87 65.21 45.30 46.95

Qube Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 25.30 20.13 21.89 25.23 23.24

Qube 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $48 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.


Qube Holdings  (OTCPK:QUBHF) 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.


Qube Holdings Tax Expense Related Terms

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


Qube Holdings Business Description

Traded in Other Exchanges
Address
45 Clarence Street, Level 27, Sydney, NSW, AUS, 2000
Qube has three main divisions: operating; property; and Patrick. Operating undertakes road/rail transportation of containers to and from port, operation of container parks, customs/quarantine services, warehousing, intermodal terminals, international freight forwarding, domestic stevedoring, and bulk transport. Patrick is the container terminals business acquired from Asciano, and the property division includes tactical land holdings in Sydney.

Qube Holdings Headlines

From GuruFocus

Qube Holdings Ltd IR Day Transcript

By GuruFocus Research 02-14-2024

Half Year 2022 Qube Holdings Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024

Full Year 2024 Qube Holdings Ltd Earnings Call Transcript

By GuruFocus Research 09-14-2024

Half Year 2020 Qube Holdings Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024

Half Year 2024 Qube Holdings Ltd Earnings Call Transcript

By GuruFocus Research 09-14-2024

Full Year 2022 Qube Holdings Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024

Qube Holdings Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-14-2024

Qube Holdings Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-14-2024

Half Year 2023 Qube Holdings Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024

Qube Holdings Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-14-2024