GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Global E Online Ltd (NAS:GLBE) » Definitions » Tax Rate %

Global E Online (Global E Online) Tax Rate % : 2.20% (As of Mar. 2024)


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

What is Global E Online Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Global E Online's Tax Expense for the three months ended in Mar. 2024 was $-0.7 Mil. Global E Online's Pre-Tax Income for the three months ended in Mar. 2024 was $-32.8 Mil. Therefore, Global E Online's Tax Rate % for the quarter that ended in Mar. 2024 was 2.20%.

Global E Online Tax Rate % Historical Data

The historical data trend for Global E Online'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.

Global E Online Tax Rate % Chart

Global E Online Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial -0.45 3.93 -0.95 2.98 -1.52

Global E Online Quarterly Data
Dec18 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 2.98 4.35 -2.78 -22.47 2.20

Global E Online Tax Rate % Calculation

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

Global E Online'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 )
=2.008/-131.797
=-1.52 %

Global E Online'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 )
=-0.72/-32.771
=2.20 %

* 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.

Global E Online Tax Rate % Related Terms

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

Global E Online (Global E Online) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Global E Online Ltd (NAS:GLBE) » Definitions » Tax Rate %
Comparable Companies
W CART ETSY VIPS CHWY RVLV DADA OSTK FTCH LQDT AMZN BABA PDD HKSE:03690 MELI JD CPNG SE EBAY TSE:4689
Traded in Other Exchanges
GLBE:Mexico
Address
9 HaPsagot Street, Petah Tikva, ISR, 4951041
Website
https://www.global-e.com
Global E Online Ltd provides e-commerce solutions. It offers a platform to enable and accelerate global, direct-to-consumer cross-border e-commerce. The platform was purpose-built for international shoppers to buy seamlessly online and for merchants to sell from, and, anywhere in the world. It localizes the shopper experience in an effort to make international transactions as seamless as domestic ones. The platform increases the conversion of international traffic into sales by removing much of the complexity associated with international e-commerce.