Eletromidia (BSP:ELMD3) Tax Rate % : 34.83% (As of Sep. 2024)

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What is Eletromidia Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Eletromidia's Tax Expense for the three months ended in Sep. 2024 was R$18 Mil. Eletromidia's Pre-Tax Income for the three months ended in Sep. 2024 was R$53 Mil. Therefore, Eletromidia's Tax Rate % for the quarter that ended in Sep. 2024 was 34.83%.

Eletromidia Tax Rate % Historical Data

The historical data trend for Eletromidia'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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Eletromidia Tax Rate % Chart

Eletromidia Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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48.85

25.39

29.56

-13.40

6.99

Eletromidia Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															66.93	21.05	-77.44	28.60	34.83

Eletromidia Tax Rate % Calculation

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

Eletromidia'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 )
	=	6.964	/	99.658
	=	6.99 %

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

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	18.387	/	52.796
	=	34.83 %

Eletromidia Tax Rate % Related Terms

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Eletromidia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Eletromidia SA (BSP:ELMD3) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Brigadeiro Faria Lima, 4300 - 7th floor - Vila Olimpia, Sao Paulo, SP, BRA, 14026-610

Website

https://www.eletromidia.com.br

Eletromidia SA is a out-of-home advertising players in Brazil. With operations in the transportation, airport, shopping malls and street furniture segments, the company is present in Brazil's largest urban centers, reaching over 16 million people daily.

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