PlayAGS Effective Tax Rate from 2010 to 2024

AGS Stock  USD 11.62  0.01  0.09%   
PlayAGS Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2024. From the period from 2010 to 2024, PlayAGS Effective Tax Rate quarterly data regression had mean square error of  0.04 and mean deviation of  0.22. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.75014594
Current Value
0.79
Quarterly Volatility
0.27763128
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PlayAGS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PlayAGS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 74.6 M, Selling General Administrative of 51.7 M or Selling And Marketing Expenses of 3.8 M, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.0 or PTB Ratio of 4.63. PlayAGS financial statements analysis is a perfect complement when working with PlayAGS Valuation or Volatility modules.
  
Check out the analysis of PlayAGS Correlation against competitors.
For more information on how to buy PlayAGS Stock please use our How to Invest in PlayAGS guide.

Latest PlayAGS's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of PlayAGS over the last few years. Effective Tax Rate is the average rate at which PlayAGS pre-tax profits are taxed by the government. The effective tax rate is computed by dividing PlayAGS total tax expenses by PlayAGS earnings before taxes. It is PlayAGS's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PlayAGS's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

PlayAGS Effective Tax Rate Regression Statistics

Arithmetic Mean0.20
Coefficient Of Variation139.31
Mean Deviation0.22
Median0.06
Standard Deviation0.28
Sample Variance0.08
Range0.8736
R-Value0.68
Mean Square Error0.04
R-Squared0.47
Significance0.01
Slope0.04
Total Sum of Squares1.08

PlayAGS Effective Tax Rate History

2024 0.79
2023 0.75
2022 0.22
2021 0.0887
2020 0.0644
2019 0.32
2018 0.29

About PlayAGS Financial Statements

PlayAGS shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although PlayAGS investors may analyze each financial statement separately, they are all interrelated. The changes in PlayAGS's assets and liabilities, for example, are also reflected in the revenues and expenses on on PlayAGS's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Effective Tax Rate 0.75  0.79 

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Additional Tools for PlayAGS Stock Analysis

When running PlayAGS's price analysis, check to measure PlayAGS'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 PlayAGS is operating at the current time. Most of PlayAGS's value examination focuses on studying past and present price action to predict the probability of PlayAGS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PlayAGS's price. Additionally, you may evaluate how the addition of PlayAGS to your portfolios can decrease your overall portfolio volatility.