Hoteles City ExpressB de CV (MEX:HCITY) Tax Rate %: -20.00% (As of Jun. 2023)


MEX:HCITY Hoteles City Express SAB de CV MEX:HCITY
8 GF Score
Price MXN5.71
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What is Hoteles City ExpressB de CV Tax Rate %?

Hoteles City ExpressB de CV MEX:HCITY +0.18% 8 Tax Rate % is -20.00% as of Jun. 2023. GuruFocus rates MEX:HCITY with a GF Score™ of 8/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hoteles City ExpressB de CV's Tax Expense for the three months ended in Jun. 2023 was MXN15 Mil. Hoteles City ExpressB de CV's Pre-Tax Income for the three months ended in Jun. 2023 was MXN-77 Mil. Therefore, Hoteles City ExpressB de CV's Tax Rate % for the quarter that ended in Jun. 2023 was -20.00%.

Hoteles City ExpressB de CV Tax Rate % Related Terms

Hoteles City ExpressB de CV Tax Rate % Historical Data

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The historical data trend for Hoteles City ExpressB de CV'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.

Hoteles City ExpressB de CV Tax Rate % Chart

Hoteles City ExpressB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.66 20.00 1.00 9.04 43.19

Hoteles City ExpressB de CV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -9.00 -8.99 -149.00 -20.00 -20.00
MEX:HCITY
8GF Score
Hoteles City Express SAB de CV MEX:HCITY
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoteles City ExpressB de CV Tax Rate % Calculation

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

Hoteles City ExpressB de CV's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=-56.699/-131.268
=43.19 %

Hoteles City ExpressB de CV's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=15.347/-76.737
=-20.00 %

* 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 -20.00% mean?
Hoteles City ExpressB de CV (MEX:HCITY) has a Tax Rate % of -20.00% as of Jun. 2023.
Is Hoteles City ExpressB de CV's Tax Rate % too high?
Hoteles City ExpressB de CV's current Tax Rate % is -20.00%. Overall, Hoteles City ExpressB de CV has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Hoteles City ExpressB de CV's Tax Rate % compare to MAR and HLT?
Hoteles City ExpressB de CV's Tax Rate % of -20.00% can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Tax Rate % depends on the Travel & Leisure 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. Hoteles City ExpressB de CV's current Tax Rate % is -20.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoteles City ExpressB de CV stock overvalued right now?
Hoteles City ExpressB de CV (MEX:HCITY) has a current Tax Rate % of -20.00%. The current Tax Rate % is -20.00%. Hoteles City ExpressB de CV's overall GF Score™ is 8/100. 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 Hoteles City ExpressB de CV (MEX:HCITY), the current Tax Rate % is -20.00% as of Jun. 2023. 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.

Hoteles City ExpressB de CV Business Description

Address Juan Salvador Agraz No. 69, Col. Santa Fe Cuajimalpa, Del. Cuajimalpa de Morelos, Mexico, MEX, 05348
Hoteles City Express SAB de CV together with its subsidiaries is engaged in the ownership, operation, and management of hotels using the brand names Hoteles City Express, City Suites and City Junior. The company's segments include Hotel Operation and Hotel Management. The company works as an alternative for business travelers, and the option for anyone looking to increase the value of an investment through a modern, hotel franchise and also, are the working towards the economy business travel segment.
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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5.71
Price