NextEd Group (ASX:NXD) Tax Rate % : 64.33% (As of Dec. 2023)

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What is NextEd Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NextEd Group's Tax Expense for the six months ended in Dec. 2023 was A$-0.4 Mil. NextEd Group's Pre-Tax Income for the six months ended in Dec. 2023 was A$-0.6 Mil. Therefore, NextEd Group's Tax Rate % for the quarter that ended in Dec. 2023 was 64.33%.

NextEd Group Tax Rate % Historical Data

The historical data trend for NextEd Group'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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NextEd Group Tax Rate % Chart

NextEd Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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1.24

6.01

-60.42

5.46

-23.73

NextEd Group 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															2.10	8.53	-356.86	-11.66	64.33

NextEd Group Tax Rate % Calculation

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

NextEd Group'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 )
	=	-0.692	/	2.916
	=	-23.73 %

NextEd Group'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 )
	=	-0.386	/	-0.6
	=	64.33 %

NextEd Group Tax Rate % Related Terms

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NextEd Group (ASX:NXD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » NextEd Group Ltd (ASX:NXD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Kelly Street, Level 2, Ultimo, NSW, AUS, 2007

Website

https://www.nexted.com.au

NextEd Group Ltd is engaged in the provision of vocational education and training solutions. It offers training predominantly in the areas of Allied Health and Community Services. It currently provides training to a range of existing workers, job seekers, and school leavers throughout campuses. Its segments are Technology & Design, International Vocational, Go Study and Domestic Vocational.

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