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Millennium Global Holdings (PHS:MG) Tax Rate % : 782.05% (As of Mar. 2024)


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What is Millennium Global Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Millennium Global Holdings's Tax Expense for the three months ended in Mar. 2024 was ₱0.3 Mil. Millennium Global Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was ₱0.0 Mil. Therefore, Millennium Global Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was 782.05%.

Millennium Global Holdings Tax Rate % Historical Data

The historical data trend for Millennium Global Holdings'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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Millennium Global Holdings Tax Rate % Chart

Millennium Global Holdings 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 -2.60 6.37 -18.65 346.36 -35.41

Millennium Global Holdings 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 -61.57 214.64 -40.16 28.38 782.05

Millennium Global Holdings Tax Rate % Calculation

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

Millennium Global Holdings'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 )
=0.573/-1.618
=-35.41 %

Millennium Global Holdings'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 )
=0.305/0.039
=782.05 %

* 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.

Millennium Global Holdings Tax Rate % Related Terms

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Millennium Global Holdings (PHS:MG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Millennium Global Holdings Inc (PHS:MG) » Definitions » Tax Rate %
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PHS:UPM PHS:ZHI PHS:MARC PHS:ORE PHS:BC XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF BIMBOA HRL K MKC SGX:F34
Traded in Other Exchanges
N/A
Address
Lot 9 Block 2, John Street, Multinational Village, Paranaque, PHL, 1701
Website
https://www.millennium-globalholdingsinc.com
Millennium Global Holdings Inc is engaged in the seafood business. The company is engaged in the processing of high quality seafood and aquaculture products for export and trading of imported marine and other related products. Its business activity is the processing and export of several quality and high valued seafood products such as Black Tiger Shrimps, Kisu (asohos) fillet, frozen lobsters, among others. It derives its revenue primarily from the export sale of aquatic and marine products.