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GRAVITY Co (GRAVITY Co) Tax Rate %

: 29.66% (As of Sep. 2023)
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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GRAVITY Co's Tax Expense for the three months ended in Sep. 2023 was $9.2 Mil. GRAVITY Co's Pre-Tax Income for the three months ended in Sep. 2023 was $30.9 Mil. Therefore, GRAVITY Co's Tax Rate % for the quarter that ended in Sep. 2023 was 29.66%.

GRAVITY Co Tax Rate % Historical Data

The historical data trend for GRAVITY Co'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.

GRAVITY Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.49 28.92 33.66 24.41 21.76

GRAVITY Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % 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 Premium Member Only Premium Member Only Premium Member Only 13.45 21.20 18.28 29.66 17.67

GRAVITY Co Tax Rate % Calculation

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

GRAVITY Co'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 )
=28.148/129.331
=21.76 %

GRAVITY Co's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2023 )/Pre-Tax Income (Q: Sep. 2023 )
=9.161/30.885
=29.66 %

* 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.

GRAVITY Co Tax Rate % Related Terms

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GRAVITY Co (GRAVITY Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GRAVITY Co Ltd (NAS:GRVY) » Definitions » Tax Rate %
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Traded in Other Exchanges
GD8A:Germany
Address
15th Floor, 396 World Cup buk-ro, Mapo-gu, Seoul, KOR, 03925
Website
https://www.gravity.co.kr
GRAVITY Co Ltd is an online and mobile games developer and publisher based in Korea. Its principal product, Ragnarok Online, is an online game which is available in more than 91 markets. Its games include Ragnarok Online, Requiem, Dragonica (Dragon Saga), Ragnarok Online II, Requiem Online, and R.O.S.E. Online. The company generates revenue from online games, mobile games and other sources including character based merchandise and animation.