Grab Holdings (Grab Holdings) Tax Rate % : -12.75% (As of Mar. 2024)

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What is Grab Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grab Holdings's Tax Expense for the three months ended in Mar. 2024 was $13.00 Mil. Grab Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was $-102.00 Mil. Therefore, Grab Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was -12.75%.

Grab Holdings Tax Rate % Historical Data

The historical data trend for Grab Holdings'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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Grab Holdings Tax Rate % Chart

Grab Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

-0.18

-0.07

-0.08

-0.35

-4.08

Grab Holdings Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial											-4.60	3.27	-19.28	-37.50	-12.75

Grab Holdings Tax Rate % Calculation

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

Grab Holdings'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 )
	=	19	/	-466
	=	-4.08 %

Grab Holdings'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 )
	=	13	/	-102
	=	-12.75 %

Grab Holdings Tax Rate % Related Terms

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Grab Holdings (Grab Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Grab Holdings Inc (NAS:GRABW) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GRAB:USA A6I:Germany

Address

3 Media Close, No. 01-03/06, Singapore, SGP, 138498

Website

https://www.grab.com

Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore and Malaysia contributed 58% of revenue as of end-2021. Grab's main competitors in Southeast Asia are Foodpanda and Gojek, the ride-sharing arm of GoTo. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.