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SONG (Music Licensing) Tax Rate % : 0.00% (As of Jun. 2024)


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What is Music Licensing Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Music Licensing's Tax Expense for the three months ended in Jun. 2024 was $0.0 Mil. Music Licensing's Pre-Tax Income for the three months ended in Jun. 2024 was $-25.1 Mil. Therefore, Music Licensing's Tax Rate % for the quarter that ended in Jun. 2024 was 0.00%.

Music Licensing Tax Rate % Historical Data

The historical data trend for Music Licensing'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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Music Licensing Tax Rate % Chart

Music Licensing Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
- - -

Music Licensing Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial - - - - -

Music Licensing Tax Rate % Calculation

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

Music Licensing'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 )
=0/46.033
=0.00 %

Music Licensing's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0/-25.134
=0.00 %

* 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.

Music Licensing Tax Rate % Related Terms

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Music Licensing Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Music Licensing Inc (OTCPK:SONG) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
3811 Airport Pulling Rd N, Suite 203, Naples, FL, USA, 34105-2512
Website
https://www.promusicrights.com
Music Licensing Inc is an operator of a public performance rights organization. The group is a music performing rights organization that represents songwriters, composers, and music publishers and issues public performance licenses to businesses. Its customers include television and radio stations, internet/streaming services and mobile technologies, Satellite audio services like XM and Sirius, nightclubs, restaurants, bars, and other venues.