Livestock Improvement (NZSE:LIC) Tax Rate % : 28.16% (As of Nov. 2023)

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What is Livestock Improvement Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Livestock Improvement's Tax Expense for the six months ended in Nov. 2023 was NZ$11.4 Mil. Livestock Improvement's Pre-Tax Income for the six months ended in Nov. 2023 was NZ$40.3 Mil. Therefore, Livestock Improvement's Tax Rate % for the quarter that ended in Nov. 2023 was 28.16%.

Livestock Improvement Tax Rate % Historical Data

The historical data trend for Livestock Improvement'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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Livestock Improvement Tax Rate % Chart

Livestock Improvement Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

Tax Rate %

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32.13

26.36

10.62

23.85

15.84

Livestock Improvement Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	Nov23
Tax Rate %	Get a 7-Day Free Trial															32.20	28.27	32.52	28.16	28.16

Livestock Improvement Tax Rate % Calculation

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

Livestock Improvement's Tax Rate % for the fiscal year that ended in May. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: May. 2022 )	/	Pre-Tax Income (A: May. 2022 )
	=	2	/	12.623
	=	15.84 %

Livestock Improvement's Tax Rate % for the quarter that ended in Nov. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Nov. 2023 )	/	Pre-Tax Income (Q: Nov. 2023 )
	=	11.361	/	40.342
	=	28.16 %

Livestock Improvement Tax Rate % Related Terms

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Livestock Improvement (NZSE:LIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Livestock Improvement Corp Ltd (NZSE:LIC) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

605 Ruakura Road, Newstead, Hamilton, NTL, NZL, 3286

Website

https://www.lic.co.nz

Livestock Improvement Corp Ltd is an agri-tech and herd improvement company. The company's operating segments include NZ market genetics; Herd testing; Farm software and Diagnostics. It generates maximum revenue from the NZ market genetics segment. The NZ market genetics segment provides bovine genetic breeding material and related services, predominately to dairy farmers. Geographically, it derives a majority of revenue from New Zealand.

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