GURUFOCUS.COM » STOCK LIST » Technology » Software » Grab Holdings Inc (NAS:GRABW) » Definitions » Tax Expense

Grab Holdings (Grab Holdings) Tax Expense : $21.00 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Grab Holdings Tax Expense?

Grab Holdings's tax expense for the months ended in Mar. 2024 was $13.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2024 was $21.00 Mil.


Grab Holdings Tax Expense Historical Data

The historical data trend for Grab Holdings's Tax Expense 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.

Grab Holdings Tax Expense Chart

Grab Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Expense
7.00 2.00 3.00 6.00 19.00

Grab Holdings Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Expense 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 11.00 -5.00 16.00 -3.00 13.00

Grab Holdings Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $21.00 Mil.

* 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.


Grab Holdings  (NAS:GRABW) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Grab Holdings Tax Expense Related Terms

Thank you for viewing the detailed overview of Grab Holdings's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Grab Holdings (Grab Holdings) Business Description

Traded in Other Exchanges
Address
3 Media Close, No. 01-03/06, Singapore, SGP, 138498
Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore and Malaysia contributed 58% of revenue as of end-2021. Grab's main competitors in Southeast Asia are Foodpanda and Gojek, the ride-sharing arm of GoTo. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.

Grab Holdings (Grab Holdings) Headlines

From GuruFocus

Grab to Announce Third Quarter 2022 Results on November 16, 2022

By Value_Insider Value_Insider 10-20-2022

Grab Files Annual Report on Form 20-F for Fiscal Year 2022

By sperokesalga sperokesalga 04-26-2023

Grab awarded "AA" MSCI ESG rating

By PurpleRose PurpleRose 07-13-2022

Grab to Announce Fourth Quarter and Full Year 2022 Results on February 23, 2023

By Stock market mentor Stock market mentor 01-30-2023