Momentum Metropolitan Holdings (JSE:MTM) Tax Rate % : 52.05% (As of Dec. 2023)

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What is Momentum Metropolitan Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Momentum Metropolitan Holdings's Tax Expense for the six months ended in Dec. 2023 was R2,429 Mil. Momentum Metropolitan Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was R4,667 Mil. Therefore, Momentum Metropolitan Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 52.05%.

Momentum Metropolitan Holdings Tax Rate % Historical Data

The historical data trend for Momentum Metropolitan Holdings'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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Momentum Metropolitan Holdings Tax Rate % Chart

Momentum Metropolitan Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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56.01

88.50

80.86

49.34

52.27

Momentum Metropolitan Holdings 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															73.50	34.28	45.55	57.14	52.05

Momentum Metropolitan Holdings Tax Rate % Calculation

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

Momentum Metropolitan Holdings'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 )
	=	4847	/	9273
	=	52.27 %

Momentum Metropolitan Holdings'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 )
	=	2429	/	4667
	=	52.05 %

Momentum Metropolitan Holdings Tax Rate % Related Terms

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Momentum Metropolitan Holdings (JSE:MTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Momentum Metropolitan Holdings Ltd (JSE:MTM) » Definitions » Tax Rate %

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Traded in Other Exchanges

MMT:Namibia

Address

268 West Avenue, Centurion, GT, ZAF, 0157

Website

https://www.momentummetropolitan.co.za

Momentum Metropolitan Holdings Ltd is a financial services group. Its core businesses are long- and short-term insurance, asset management, investment, savings, healthcare administration, and employee benefits. Metropolitan and Momentum are the operating brands for offering product and service solutions to all market segments. The firm's operational segments are: Momentum Life, Momentum Investments, Metropolitan Life, Momentum Corporate, Momentum Metropolitan Health, Momentum Metropolitan Africa, Non-life Insurance, New Initiatives and Shareholders.

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