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IGO (ASX:IGO) Tax Rate % : -19.88% (As of Dec. 2023)


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What is IGO Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. IGO's Tax Expense for the six months ended in Dec. 2023 was A$-47.8 Mil. IGO's Pre-Tax Income for the six months ended in Dec. 2023 was A$240.5 Mil. Therefore, IGO's Tax Rate % for the quarter that ended in Dec. 2023 was -19.88%.

IGO Tax Rate % Historical Data

The historical data trend for IGO'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.

* Premium members only.

IGO Tax Rate % Chart

IGO 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 27.85 29.35 25.43 28.61 19.29

IGO 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 28.75 28.55 9.23 243.49 -19.88

IGO Tax Rate % Calculation

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

IGO'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 )
=131.2/680.3
=19.29 %

IGO'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 )
=-47.8/240.5
=-19.88 %

* 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.

IGO Tax Rate % Related Terms

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IGO (ASX:IGO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » IGO Ltd (ASX:IGO) » Definitions » Tax Rate %
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Traded in Other Exchanges
IIDDY:USA IPGDF:USA IDZ:Germany
Address
85 South Perth Esplanade, Suite 4, Level 5, South Shore Centre, South Perth, Perth, WA, AUS, 6151
Website
https://www.igo.com.au
IGO Ltd is engaged in nickel, copper and cobalt mining and processing at the Nova Operation, upstream and downstream lithium assets via its 49% joint venture interest, and ongoing mineral exploration in Australia and overseas. The company's segments include the Nova Operation, Forrestania Operation, Cosmos Project, Lithium Business, and Growth, which comprises Regional Exploration Activities and Project Evaluation. It operates in one geographic segment Australia. The company derives the majority of its revenue from Nova Operation.

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