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Kings Entertainment Group (XCNQ:JKPT) Tax Rate % : 49.86% (As of Sep. 2023)


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What is Kings Entertainment Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kings Entertainment Group's Tax Expense for the three months ended in Sep. 2023 was C$-0.74 Mil. Kings Entertainment Group's Pre-Tax Income for the three months ended in Sep. 2023 was C$-1.48 Mil. Therefore, Kings Entertainment Group's Tax Rate % for the quarter that ended in Sep. 2023 was 49.86%.

Kings Entertainment Group Tax Rate % Historical Data

The historical data trend for Kings Entertainment Group'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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Kings Entertainment Group Tax Rate % Chart

Kings Entertainment Group Annual Data
Trend Dec20 Dec21 Dec22
Tax Rate %
18.32 -1.61 -0.88

Kings Entertainment Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 - 0.94 1.13 49.86

Kings Entertainment Group Tax Rate % Calculation

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

Kings Entertainment Group's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0.079/-8.986
=-0.88 %

Kings Entertainment Group's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2023 )/Pre-Tax Income (Q: Sep. 2023 )
=-0.736/-1.476
=49.86 %

* 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.

Kings Entertainment Group Tax Rate % Related Terms

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Kings Entertainment Group (XCNQ:JKPT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kings Entertainment Group Inc (XCNQ:JKPT) » Definitions » Tax Rate %
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Traded in Other Exchanges
KENGF:USA L12:Germany
Address
505 Burrard Street, Suite 1570, Vancouver, BC, CAN
Website
Kings Entertainment Group Inc is the parent company of global lottery brand LottoKings group. As international online service providers for the lottery, casino, and sportsbook gambling, these brands leverage their ability to acquire pre-qualified players through renowned lottery offerings, then engage in a range of casino and sportsbook offerings.

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