Horizon Oil (ASX:HZN) Tax Rate % : 31.34% (As of Dec. 2023)

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What is Horizon Oil Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Horizon Oil's Tax Expense for the six months ended in Dec. 2023 was A$12.4 Mil. Horizon Oil's Pre-Tax Income for the six months ended in Dec. 2023 was A$39.7 Mil. Therefore, Horizon Oil's Tax Rate % for the quarter that ended in Dec. 2023 was 31.34%.

Horizon Oil Tax Rate % Historical Data

The historical data trend for Horizon Oil'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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Horizon Oil Tax Rate % Chart

Horizon Oil Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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25.99

-24.65

6.10

43.08

23.05

Horizon Oil 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															45.46	41.88	21.94	23.87	31.34

Horizon Oil Tax Rate % Calculation

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

Horizon Oil'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 )
	=	19.574	/	84.914
	=	23.05 %

Horizon Oil'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 )
	=	12.448	/	39.724
	=	31.34 %

Horizon Oil Tax Rate % Related Terms

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Horizon Oil (ASX:HZN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Horizon Oil Ltd (ASX:HZN) » Definitions » Tax Rate %

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HZNFF:USA

Address

360 Kent Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://horizonoil.com.au

Horizon Oil Ltd is engaged in petroleum exploration, development, and production. The company's exploration, development, and production activities are focused on Southeast Asia. The operating segments of the group are New Zealand exploration and development, China exploration and development, and All other segments. It generates the prime revenue from New Zealand's exploration and development segment in which the group is involved in the development and production of crude oil and oil field development and in the exploration and evaluation of hydrocarbons. The operations of the organization are carried out in China and New Zealand.