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Cerence (MEX:CRNC) Tax Rate % : -0.16% (As of Sep. 2024)


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What is Cerence Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cerence's Tax Expense for the three months ended in Sep. 2024 was MXN1 Mil. Cerence's Pre-Tax Income for the three months ended in Sep. 2024 was MXN-401 Mil. Therefore, Cerence's Tax Rate % for the quarter that ended in Sep. 2024 was -0.16%.

Cerence Tax Rate % Historical Data

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

Cerence Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 20.50 4.92 -56.39 -54.59 -0.59

Cerence 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 3,438.69 59.01 -4.37 11.95 -0.16

Cerence Tax Rate % Calculation

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

Cerence's Tax Rate % for the fiscal year that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2024 )/Pre-Tax Income (A: Sep. 2024 )
=68.286/-11511.146
=-0.59 %

Cerence'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 )
=0.65/-401.347
=-0.16 %

* 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.

Cerence Tax Rate % Related Terms

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Cerence Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Cerence Inc (MEX:CRNC) » Definitions » Tax Rate %
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Traded in Other Exchanges
CRNC:USA 0S6:Germany
Address
25 Mall Road, Suite 416, Burlington, MA, USA, 01803
Website
https://www.cerence.com
Cerence Inc is a United States-based software company. It is involved in developing mobility-based solutions for drivers and their cars. The customers include all automobile original equipment manufacturers, or OEMs, or their tier 1 suppliers. The company's revenue is generated by selling software licenses and cloud-connected services. Geographically, it derives a majority of its revenue from the United States and also has a presence in Other Americas; Germany; Other Europe, the Middle East, Africa; Japan, and Other Asia-Pacific.