Argo Investments (ASX:ARG) Tax Rate % : 6.38% (As of Dec. 2023)

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What is Argo Investments Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Argo Investments's Tax Expense for the six months ended in Dec. 2023 was A$8.5 Mil. Argo Investments's Pre-Tax Income for the six months ended in Dec. 2023 was A$133.8 Mil. Therefore, Argo Investments's Tax Rate % for the quarter that ended in Dec. 2023 was 6.38%.

Argo Investments Tax Rate % Historical Data

The historical data trend for Argo Investments'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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Argo Investments Tax Rate % Chart

Argo Investments Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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4.56

7.66

3.17

4.61

7.21

Argo Investments Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															5.51	3.97	6.38	8.05	6.38

Argo Investments Tax Rate % Calculation

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

Argo Investments's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	21.116	/	292.823
	=	7.21 %

Argo Investments'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 )
	=	8.538	/	133.811
	=	6.38 %

Argo Investments Tax Rate % Related Terms

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Argo Investments (ASX:ARG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Argo Investments Ltd (ASX:ARG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

91 King William Street, Level 25, Adelaide, SA, AUS, 5000

Website

https://www.argoinvestments.com.au

Argo Investments Ltd is an investment company based in Australia. Its core operations focus on portfolio management with the objective of seeking long-term returns. Its revenues are generated from the receipt of dividends, interest and other income which are a result of its investing operations. It also derives income from interest earned on cash deposits, income from writing exchange-traded options and a small amount of share trading activity. Argo's investment portfolio comprises various sectors, such as healthcare, utilities, consumer discretionary, industrials, energy, banks, materials, telecommunication services and information technology and property trusts.

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