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Acsion (JSE:ACS) Tax Rate % : 18.57% (As of Aug. 2023)


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What is Acsion Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Acsion's Tax Expense for the six months ended in Aug. 2023 was R196 Mil. Acsion's Pre-Tax Income for the six months ended in Aug. 2023 was R1,057 Mil. Therefore, Acsion's Tax Rate % for the quarter that ended in Aug. 2023 was 18.57%.


Acsion Tax Rate % Historical Data

The historical data trend for Acsion'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.

Acsion Tax Rate % Chart

Acsion Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 23.88 24.89 33.73 19.46 18.01

Acsion Semi-Annual Data
Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 18.72 20.19 16.09 20.20 18.57

Acsion Tax Rate % Calculation

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

Acsion's Tax Rate % for the fiscal year that ended in Feb. 2023 is calculated as

Tax Rate %=Tax Expense (A: Feb. 2023 )/Pre-Tax Income (A: Feb. 2023 )
=199.144/1105.933
=18.01 %

Acsion's Tax Rate % for the quarter that ended in Aug. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Aug. 2023 )/Pre-Tax Income (Q: Aug. 2023 )
=196.291/1057.123
=18.57 %

* 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.


Acsion Tax Rate % Related Terms

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Acsion (JSE:ACS) Business Description

Traded in Other Exchanges
N/A
Address
Corner Rooihuiskraal and Hendrik Verwoerd Drives, Mall Reds, 1st Floor, Rooihuiskraal Ext 15, Centurion, ZAF, 0157
Acsion Ltd is a property development company. The company has three main reportable segments which are, South African property operations, South African hospitality operations, and Foreign property operations. The company generates majority of its revenue from the South African property operations segment. Geographically, the company's majority of the activities are based in South Africa and Cyprus with a substantial part of its revenue being generated from its operations in South Africa.

Acsion (JSE:ACS) Headlines

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