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Stingray Group (TSX:RAY.A) Tax Rate % : -8.53% (As of Mar. 2024)


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What is Stingray Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Stingray Group's Tax Expense for the three months ended in Mar. 2024 was C$3.6 Mil. Stingray Group's Pre-Tax Income for the three months ended in Mar. 2024 was C$-42.7 Mil. Therefore, Stingray Group's Tax Rate % for the quarter that ended in Mar. 2024 was -8.53%.

Stingray Group Tax Rate % Historical Data

The historical data trend for Stingray Group'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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Stingray Group Tax Rate % Chart

Stingray Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.80 26.14 21.31 24.06 700.31

Stingray Group 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 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 14.48 28.90 26.97 26.00 -8.53

Stingray Group Tax Rate % Calculation

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

Stingray Group's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2024 )/Pre-Tax Income (A: Mar. 2024 )
=16.03/2.289
=700.31 %

Stingray Group'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 )
=3.639/-42.679
=-8.53 %

* 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.

Stingray Group Tax Rate % Related Terms

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Stingray Group (TSX:RAY.A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stingray Group Inc (TSX:RAY.A) » Definitions » Tax Rate %
Comparable Companies
TSX:TVA.B TSXV:SAT LSXMA XTER:RRTL LUX:SESGL LSE:ITV BOM:532733 TGNA NSE:ZEEL TSE:9401 TSE:9404 TSE:4676 SHSE:600959 ISX:EMTK SHSE:600996 XPAR:MMT XPAR:TFI SZSE:301262 SHSE:600037 TSE:9412
Traded in Other Exchanges
STGYF:USA 317A:Germany RAY.B:Canada
Address
730 Wellington Street, Montreal, QC, CAN, H3C 1T4
Website
https://www.stingray.com
Stingray Group Inc is a music, media, and technology company. The company is a provider of curated direct-to-consumer and B2B services, including audio television channels, radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps. It operates through the following segments namely the Broadcasting and commercial music segment and Radio segment. The company generates maximum revenue from the Broadcasting and commercial music segment.

Stingray Group (TSX:RAY.A) Headlines

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