GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cineplex Inc (TSX:CGX) » Definitions » Tax Rate %

Cineplex (TSX:CGX) Tax Rate % : 28.64% (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Cineplex Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cineplex's Tax Expense for the three months ended in Mar. 2024 was C$-25 Mil. Cineplex's Pre-Tax Income for the three months ended in Mar. 2024 was C$-88 Mil. Therefore, Cineplex's Tax Rate % for the quarter that ended in Mar. 2024 was 28.64%.


Cineplex Tax Rate % Historical Data

The historical data trend for Cineplex'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.

Cineplex Tax Rate % Chart

Cineplex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.37 11.97 -1.36 6.96 1,551.34

Cineplex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - -860.84 27.42 10.68 28.64

Cineplex Tax Rate % Calculation

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

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

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=-147.563/-9.512
=1,551.34 %

Cineplex's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=-25.277/-88.247
=28.64 %

* 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.


Cineplex Tax Rate % Related Terms

Thank you for viewing the detailed overview of Cineplex's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cineplex (TSX:CGX) Business Description

Traded in Other Exchanges
Address
1303 Yonge Street, 2nd Floor, Toronto, ON, CAN, M4T 2Y9
Cineplex Inc is a diversified media company that operates chains of movie theaters. The company has four reporting segments: film entertainment and content; media; amusement and leisure; and location-based entertainment. The film entertainment and content segment include revenue from theater attendance. The media segment includes cinema media and digital place-based media operations. The amusement and leisure reporting segment manages the operation and distribution of gaming and vending equipment. Formerly housed in the amusement and leisure segment, the location-based entertainment business derives revenue from entertainment restaurant chains like The Rec Room and Playdium. The film entertainment and content segment generates the majority of its revenue from audiences located in Canada.
Executives
Daniel F. Mcgrath Senior Officer
Gordon Nelson Senior Officer

Cineplex (TSX:CGX) Headlines

No Headlines