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Abacus Group (ASX:ABG) Tax Rate % : 0.72% (As of Jun. 2024)


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What is Abacus Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Abacus Group's Tax Expense for the six months ended in Jun. 2024 was A$-0.7 Mil. Abacus Group's Pre-Tax Income for the six months ended in Jun. 2024 was A$-98.2 Mil. Therefore, Abacus Group's Tax Rate % for the quarter that ended in Jun. 2024 was 0.72%.


Abacus Group Tax Rate % Historical Data

The historical data trend for Abacus 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.

* Premium members only.

Abacus Group Tax Rate % Chart

Abacus Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.73 4.05 5.56 -2.43 -1.51

Abacus Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 6.74 9.53 1.00 -3.07 0.72

Abacus Group Tax Rate % Calculation

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

Abacus Group's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=3.602/-238.387
=-1.51 %

Abacus Group's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=-0.704/-98.182
=0.72 %

* 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.


Abacus Group Tax Rate % Related Terms

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Abacus Group Business Description

Traded in Other Exchanges
Address
77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000
Abacus Group is focused on storage and office property, with minor interests in other subsectors such as retail property. The Group operates wholly within one business segment being the operation and management of Commercial assets in Australia.