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Codere (XMAD:CDR) Tax Rate % : -4.90% (As of Jun. 2021)


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What is Codere Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Codere's Tax Expense for the three months ended in Jun. 2021 was €3.7 Mil. Codere's Pre-Tax Income for the three months ended in Jun. 2021 was €-74.5 Mil. Therefore, Codere's Tax Rate % for the quarter that ended in Jun. 2021 was -4.90%.


Codere Tax Rate % Historical Data

The historical data trend for Codere'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.

* Premium members only.

Codere Tax Rate % Chart

Codere Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.27 76.42 -994.51 -90.33 1.81

Codere Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 7.97 5.00 78.78 -0.17 -4.90

Codere Tax Rate % Calculation

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

Codere's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2020 )/Pre-Tax Income (A: Dec. 2020 )
=-4.729/-261.47
=1.81 %

Codere's Tax Rate % for the quarter that ended in Jun. 2021 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2021 )/Pre-Tax Income (Q: Jun. 2021 )
=3.65/-74.452
=-4.90 %

* 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.


Codere Tax Rate % Related Terms

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Codere (XMAD:CDR) Business Description

Traded in Other Exchanges
N/A
Address
Avda. de Bruselas 26, Alcobendas, ESP, 28108
Codere SA is a Spain-based gaming company. It is mainly engaged in business activities in the private gaming industry, consisting primarily of the operation of amusement and slot machines, sports betting, bingo halls, casinos, and racetracks. The company has a presence in Spain, Italy, Argentina, Brazil, Colombia, Mexico, Panama, and Uruguay.