Horizon Educational co (SAU:9603) Tax Expense : ﷼ Mil (TTM As of Jun. 2024)

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What is Horizon Educational co Tax Expense?

Horizon Educational co's tax expense for the six months ended in Jun. 2024 was ﷼0.34 Mil.

Horizon Educational co Tax Expense Historical Data

The historical data trend for Horizon Educational co'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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Horizon Educational co Tax Expense Chart

Horizon Educational co Annual Data

Trend

Jun23

Jun24

Tax Expense

0.27

0.34

Horizon Educational co Semi-Annual Data
	Jun23	Jun24
Tax Expense	0.27	0.34

Horizon Educational co 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.

Horizon Educational co (SAU:9603) 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.

Horizon Educational co Tax Expense Related Terms

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Horizon Educational co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Horizon Educational co (SAU:9603) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7212 Fujairah Street, P.O. Box 67266, Al-Wurud District 3833, Riyadh, SAU, 12252

Website

http://www.horizon.sch.sa

Horizon Educational co is an education-providing company. The company's activities are represented in pre-school education, kindergartens, Primary education for students using an international curriculum, Intermediate education for students with an international curriculum, and Secondary education for students using an international curriculum.

Horizon Educational co Headlines

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