ABS-CBN (PHS:ABS) Tax Rate % : -1.26% (As of Mar. 2024)

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What is ABS-CBN Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ABS-CBN's Tax Expense for the three months ended in Mar. 2024 was ₱12 Mil. ABS-CBN's Pre-Tax Income for the three months ended in Mar. 2024 was ₱-981 Mil. Therefore, ABS-CBN's Tax Rate % for the quarter that ended in Mar. 2024 was -1.26%.

ABS-CBN Tax Rate % Historical Data

The historical data trend for ABS-CBN'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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ABS-CBN Tax Rate % Chart

ABS-CBN Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-656.02

-0.39

-8.33

-14.75

-1.93

ABS-CBN 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															3.17	-3.71	-10.97	-1.46	-1.26

ABS-CBN Tax Rate % Calculation

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

ABS-CBN'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 )
	=	242.509	/	-12592.129
	=	-1.93 %

ABS-CBN'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 )
	=	12.397	/	-981.259
	=	-1.26 %

ABS-CBN Tax Rate % Related Terms

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ABS-CBN (PHS:ABS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ABS-CBN Corp (PHS:ABS) » Definitions » Tax Rate %

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Address

Mother Ignacia Street, Sgt. Esguerra Avenue Corner, ABS-CBN Broadcasting Center, Diliman, Quezon, QUE, PHL, 1100

Website

http://www.abs-cbn.com

ABS-CBN Corp is one of the media companies in the Philippines. It operates national television networks, radio channels, and international television channels. The company's operating segment includes Content Creation, Production, and Distribution; Cable, satellite, and broadband. It generates maximum revenue from the Content Production and Distribution segment. Geographically, it derives a majority of revenue from the Philippines. ABS-CBN continues to be a supplier of Filipino entertainment, news, and current affairs programs for free TV, cable, and satellite channels and online platforms both in the Philippines and across world.

ABS-CBN (PHS:ABS) Headlines

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