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Hotel Property Investments (ASX:HPI) Tax Rate % : 0.26% (As of Dec. 2023)


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What is Hotel Property Investments Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hotel Property Investments's Tax Expense for the six months ended in Dec. 2023 was A$0.03 Mil. Hotel Property Investments's Pre-Tax Income for the six months ended in Dec. 2023 was A$9.48 Mil. Therefore, Hotel Property Investments's Tax Rate % for the quarter that ended in Dec. 2023 was 0.26%.

Hotel Property Investments Tax Rate % Historical Data

The historical data trend for Hotel Property 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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Hotel Property Investments Tax Rate % Chart

Hotel Property Investments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 -0.03 0.06 0.03 3.26

Hotel Property 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 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 0.05 0.01 -0.52 0.69 0.26

Hotel Property Investments Tax Rate % Calculation

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

Hotel Property 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 )
=0.121/3.711
=3.26 %

Hotel Property 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 )
=0.025/9.481
=0.26 %

* 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.

Hotel Property Investments Tax Rate % Related Terms

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Hotel Property Investments (ASX:HPI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hotel Property Investments (ASX:HPI) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
60 City Road, Suite 2, Level 17, IBM Centre, Southbank, Melbourne, VIC, AUS, 3006
Website
https://www.hpitrust.com.au
Hotel Property Investments is an Australian REIT with a portfolio of freehold pub properties primarily in Queensland. Its portfolio is almost exclusively leased to Queensland Venue Co. on triple-net long-term leases where the tenant is responsible for outgoings (except land tax in Queensland), resulting in relatively low maintenance expenses. Most leases also provide for annual rental increases typically at the lower of 4% or two times the average of the last five years consumer price index.