29Metals (ASX:29M) Tax Rate % : -76.69% (As of Dec. 2023)

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What is 29Metals Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. 29Metals's Tax Expense for the six months ended in Dec. 2023 was A$58.1 Mil. 29Metals's Pre-Tax Income for the six months ended in Dec. 2023 was A$-75.7 Mil. Therefore, 29Metals's Tax Rate % for the quarter that ended in Dec. 2023 was -76.69%.

29Metals Tax Rate % Historical Data

The historical data trend for 29Metals's Tax Rate % 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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29Metals Tax Rate % Chart

29Metals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Tax Rate %

-580.73

28.25

-15.19

29Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	-	71.90	29.15	-	-76.69

29Metals Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

29Metals's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	58.072	/	-382.391
	=	-15.19 %

29Metals's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	58.072	/	-75.724
	=	-76.69 %

29Metals Tax Rate % Related Terms

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29Metals (ASX:29M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » 29Metals Ltd (ASX:29M) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Collins Street, Level 2, Melbourne, VIC, AUS, 3000

Website

https://www.29metals.com

29Metals Ltd is a copper-focused base and precious metals mining company. It has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold, and silver) and Capricorn Copper in Queensland (copper and silver).

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