Forafric Income Before Tax from 2010 to 2024

AFRIW Stock  USD 1.09  0.06  5.22%   
Forafric Global Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax will likely drop to about -13.2 M in 2024. During the period from 2010 to 2024, Forafric Global Income Before Tax regression line of quarterly data had mean square error of 18.6 T and geometric mean of  4,313,285. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
-12.6 M
Current Value
-13.2 M
Quarterly Volatility
4.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forafric Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forafric Global's main balance sheet or income statement drivers, such as Interest Income of 35.1 K, Depreciation And Amortization of 6.1 M or Interest Expense of 11.7 M, as well as many indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 0.0 or PTB Ratio of 13.11. Forafric financial statements analysis is a perfect complement when working with Forafric Global Valuation or Volatility modules.
  
Check out the analysis of Forafric Global Correlation against competitors.

Latest Forafric Global's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Forafric Global PLC over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Forafric Global income statement and is an important metric when analyzing Forafric Global PLC profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Forafric Global's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forafric Global's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Forafric Income Before Tax Regression Statistics

Arithmetic Mean(7,390,380)
Geometric Mean4,313,285
Coefficient Of Variation(66.72)
Mean Deviation3,386,424
Median(5,590,000)
Standard Deviation4,930,680
Sample Variance24.3T
Range21.2M
R-Value(0.54)
Mean Square Error18.6T
R-Squared0.29
Significance0.04
Slope(593,810)
Total Sum of Squares340.4T

Forafric Income Before Tax History

2024-13.2 M
2023-12.6 M
2022-21.2 M
2021-7.9 M
2020 4000.0

About Forafric Global Financial Statements

Forafric Global investors use historical fundamental indicators, such as Forafric Global's Income Before Tax, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Forafric Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax-12.6 M-13.2 M

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Additional Tools for Forafric Stock Analysis

When running Forafric Global's price analysis, check to measure Forafric Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forafric Global is operating at the current time. Most of Forafric Global's value examination focuses on studying past and present price action to predict the probability of Forafric Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forafric Global's price. Additionally, you may evaluate how the addition of Forafric Global to your portfolios can decrease your overall portfolio volatility.