GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Himalayan Bank Ltd (XNEP:HBL) » Definitions » Tax Expense

Himalayan Bank (XNEP:HBL) Tax Expense : NPR578 Mil (TTM As of Jan. 2025)


View and export this data going back to 2015. Start your Free Trial

What is Himalayan Bank Tax Expense?

Himalayan Bank's tax expense for the months ended in Jan. 2025 was NPR354 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jan. 2025 was NPR578 Mil.


Himalayan Bank Tax Expense Historical Data

The historical data trend for Himalayan Bank'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.

Himalayan Bank Tax Expense Chart

Himalayan Bank Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Tax Expense
Get a 7-Day Free Trial 971.75 1,265.37 1,030.96 479.89 574.36

Himalayan Bank Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 219.95 408.00 -517.71 333.12 354.38

Himalayan Bank 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR578 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.


Himalayan Bank  (XNEP:HBL) 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.


Himalayan Bank Tax Expense Related Terms

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


Himalayan Bank Business Description

Traded in Other Exchanges
N/A
Address
Kamaladi, P.O. Box: 20590, Kathmandu, NPL
Himalayan Bank Ltd is a Nepal based company involved in the banking business. It includes products such as Loans and Advances, Letter of Credit, Guarantee, Remittance, Card Services, Bills purchase and discounting, Collection services and many more. It also offers remittance services, card services and other ancillary services like safe deposit locker services as well as a wide range of electronic banking facilities. The products and services are offered to personal and business customers in Nepal. Company maximum revenue is from Loan and Advances product. Geographically operates within Nepal with maximum revenue from Bagmati.

Himalayan Bank Headlines

No Headlines