CMGO (CMG Holdings Group) Tax Rate %: 0.00% (As of Sep. 2024)

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What is CMG Holdings Group Tax Rate %?

CMG Holdings Group CMGO -99.50% Tax Rate % is 0.00% as of Sep. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CMG Holdings Group's Tax Expense for the three months ended in Sep. 2024 was $0.00 Mil. CMG Holdings Group's Pre-Tax Income for the three months ended in Sep. 2024 was $-0.12 Mil. Therefore, CMG Holdings Group's Tax Rate % for the quarter that ended in Sep. 2024 was 0.00%.

CMG Holdings Group Tax Rate % Related Terms

CMG Holdings Group Tax Rate % Historical Data

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The historical data trend for CMG Holdings Group'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.

CMG Holdings Group Tax Rate % Chart

CMG Holdings Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

CMG Holdings Group 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 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 0.00 0.00 0.00 0.00 0.00

CMG Holdings Group Tax Rate % Calculation

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

CMG Holdings Group'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 )
=0/-0.123
=0.00 %

CMG Holdings Group'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 )
=0/-0.121
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
CMG Holdings Group (CMGO) has a Tax Rate % of 0.00% as of Sep. 2024.
Is CMG Holdings Group's Tax Rate % too high?
CMG Holdings Group's current Tax Rate % is 0.00%.
How does CMG Holdings Group's Tax Rate % compare to NWCN and MMND?
CMG Holdings Group's Tax Rate % of 0.00% can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Media - Diversified company?
A good Tax Rate % depends on the Media - Diversified industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. CMG Holdings Group's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMG Holdings Group stock overvalued right now?
CMG Holdings Group (CMGO) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For CMG Holdings Group (CMGO), the current Tax Rate % is 0.00% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CMG Holdings Group Business Description

Address 2130 North Lincoln Park West 8 North, Chicago, IL, USA, 60614
CMG Holdings Group Inc is a marketing communications company focused on the operation of organizations in the alternative advertising, digital media, experiential and interactive marketing, and entertainment industries. It operates in two segments: XA and CMG Holding Group.