MGLUY (Magazine Luiza) Tax Rate % : -136.29% (As of Dec. 2024)

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What is Magazine Luiza Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Magazine Luiza's Tax Expense for the three months ended in Dec. 2024 was $-28 Mil. Magazine Luiza's Pre-Tax Income for the three months ended in Dec. 2024 was $20 Mil. Therefore, Magazine Luiza's Tax Rate % for the quarter that ended in Dec. 2024 was -136.29%.

Magazine Luiza Tax Rate % Historical Data

The historical data trend for Magazine Luiza'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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Magazine Luiza Tax Rate % Chart

Magazine Luiza Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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5.40

370.44

60.69

52.57

-413.50

Magazine Luiza Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-1,225.59	231.49	134.03	-92.35	-136.29

Magazine Luiza Tax Rate % Calculation

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

Magazine Luiza's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	-59.225	/	14.323
	=	-413.50 %

Magazine Luiza's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-27.872	/	20.451
	=	-136.29 %

Magazine Luiza Tax Rate % Related Terms

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Magazine Luiza Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Magazine Luiza SA (OTCPK:MGLUY) » Definitions » Tax Rate %

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MGLU3:Brazil

Address

Rua Arnulfo de Lima, 2385 - Vila Santa Cruz, Franca, SP, BRA, 14403-471

Website

https://www.magazineluiza.com.br

Magazine Luiza SA is engaged in retail sales, through physical stores, e-commerce, and its SuperApp, which is an application that offers products and services from its subsidiaries, as well as from commercial partners (sellers) through the marketplace platform. Its operations include four segments, Retail segment, Financial operations, Insurance operations, and Other services. The company derives maximum revenue from the Retail segment.