GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » YG Entertainment Inc (XKRX:122870) » Definitions » Tax Rate %

YG Entertainment (XKRX:122870) Tax Rate % : 86.48% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is YG Entertainment Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. YG Entertainment's Tax Expense for the three months ended in Mar. 2024 was ₩2,698 Mil. YG Entertainment's Pre-Tax Income for the three months ended in Mar. 2024 was ₩3,120 Mil. Therefore, YG Entertainment's Tax Rate % for the quarter that ended in Mar. 2024 was 86.48%.

YG Entertainment Tax Rate % Historical Data

The historical data trend for YG Entertainment'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.

YG Entertainment Tax Rate % Chart

YG Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 663.29 33.87 38.58 25.93 16.59

YG Entertainment 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 23.18 3.83 28.58 -47.39 86.48

YG Entertainment Tax Rate % Calculation

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

YG Entertainment'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 )
=15463.977/93191.53
=16.59 %

YG Entertainment'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 )
=2697.636/3119.52
=86.48 %

* 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.

YG Entertainment Tax Rate % Related Terms

Thank you for viewing the detailed overview of YG Entertainment's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

YG Entertainment (XKRX:122870) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » YG Entertainment Inc (XKRX:122870) » Definitions » Tax Rate %
Comparable Companies
XKRX:035760 XKRX:079160 XKRX:253450 XKRX:034120 XKRX:299900 XKRX:126560 XKRX:036420 XKRX:289220 XKRX:182360 XKRX:086980 NFLX DIS XAMS:UMG WBD LYV WMG SIRI XPAR:BOL FWONA FOXA
Traded in Other Exchanges
N/A
Address
Hosung Building 349-10, Sangsu-Dong, Mapo-gu, Seoul, KOR, 109-819
Website
http://www.ygfamily.com
YG Entertainment Inc is a talent development and production company. It is a management company and engages in music record production. The company has produced contemporary popular music such as Jeunesse, 1TYM, Seven, Big Bang, and 2NE1.

YG Entertainment (XKRX:122870) Headlines

No Headlines