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Cumulus Media (FRA:1NM) Tax Rate % : -11.84% (As of Mar. 2024)


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What is Cumulus Media Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cumulus Media's Tax Expense for the three months ended in Mar. 2024 was €1.4 Mil. Cumulus Media's Pre-Tax Income for the three months ended in Mar. 2024 was €-11.6 Mil. Therefore, Cumulus Media's Tax Rate % for the quarter that ended in Mar. 2024 was -11.84%.

Cumulus Media Tax Rate % Historical Data

The historical data trend for Cumulus Media'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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Cumulus Media Tax Rate % Chart

Cumulus Media 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 26.66 24.38 14.72 17.19 -17.06

Cumulus Media 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 -37.06 81.85 -132.24 -22.10 -11.84

Cumulus Media Tax Rate % Calculation

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

Cumulus Media'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 )
=15.757/-92.338
=-17.06 %

Cumulus Media'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 )
=1.379/-11.643
=-11.84 %

* 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.

Cumulus Media Tax Rate % Related Terms

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Cumulus Media (FRA:1NM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cumulus Media Inc (FRA:1NM) » Definitions » Tax Rate %
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Traded in Other Exchanges
CMLS:USA
Address
780 Johnson Ferry Road NE, Suite 500, Atlanta, GA, USA, 30342
Website
https://www.cumulusmedia.com
Cumulus Media Inc is a radio broadcasting company combining high-quality local programming with iconic, nationally syndicated media, sports, and entertainment brands to deliver premium content choices to its customers and radio stations affiliated with Westwood One network and numerous digital channels. The company's revenue is derived mainly from the sale of local, regional, and national advertising which is broadcast on its radio stations.

Cumulus Media (FRA:1NM) Headlines

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