GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kakao Corp (XKRX:035720) » Definitions » Tax Rate %

Kakao (XKRX:035720) Tax Rate % : 51.87% (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Kakao Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kakao's Tax Expense for the three months ended in Mar. 2024 was ₩72,944 Mil. Kakao's Pre-Tax Income for the three months ended in Mar. 2024 was ₩140,619 Mil. Therefore, Kakao's Tax Rate % for the quarter that ended in Mar. 2024 was 51.87%.

Kakao Tax Rate % Historical Data

The historical data trend for Kakao'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.

Kakao Tax Rate % Chart

Kakao 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 -44.80 58.68 28.26 15.91 -10.22

Kakao 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 12.98 50.00 61.49 -1.22 51.87

Kakao Tax Rate % Calculation

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

Kakao'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 )
=168428.765/-1648240.246
=-10.22 %

Kakao'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 )
=72944.373/140619.042
=51.87 %

* 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.

Kakao Tax Rate % Related Terms

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

Kakao (XKRX:035720) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kakao Corp (XKRX:035720) » Definitions » Tax Rate %
Comparable Companies
XKRX:035420 XKRX:067160 XKRX:036030 XKRX:040300 XKRX:043610 XKRX:057680 XKRX:020120 XKRX:042420 XKRX:376980 XKRX:239340 GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT DASH JSE:NPN HKSE:01024 PINS
Traded in Other Exchanges
N/A
Address
242, Cheomdan-ro, Jeju-si, Jeju, KOR
Website
http://www.kakaocorp.com
Kakao operates the largest mobile messaging app in South Korea, Kakao Talk. The company aims to help its users connect with everything and has been expanding its content and services through self-development and mergers and acquisitions. Kakao merged with the second- largest Internet search portal, Daum, in 2014, and it acquired leading music streaming service provider Loen Entertainment in 2016.

Kakao (XKRX:035720) Headlines

No Headlines