AMERISAFE Effective Tax Rate from 2010 to 2024

AMSF Stock  USD 58.75  0.02  0.03%   
AMERISAFE's Effective Tax Rate is decreasing over the last several years with stable swings. Effective Tax Rate is estimated to finish at 0.26 this year. During the period from 2010 to 2024 AMERISAFE Effective Tax Rate regressed destribution of quarterly values had coefficient of variationof  33.73 and r-value of (0.22). View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.19733254
Current Value
0.26
Quarterly Volatility
0.08141416
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AMERISAFE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AMERISAFE's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 0.0 or Selling General Administrative of 24.1 M, as well as many indicators such as Price To Sales Ratio of 1.46, Dividend Yield of 0.1 or PTB Ratio of 3.22. AMERISAFE financial statements analysis is a perfect complement when working with AMERISAFE Valuation or Volatility modules.
  
Check out the analysis of AMERISAFE Correlation against competitors.
For more detail on how to invest in AMERISAFE Stock please use our How to Invest in AMERISAFE guide.

Latest AMERISAFE's Effective Tax Rate Growth Pattern

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

AMERISAFE Effective Tax Rate Regression Statistics

Arithmetic Mean0.24
Geometric Mean0.23
Coefficient Of Variation33.73
Mean Deviation0.07
Median0.21
Standard Deviation0.08
Sample Variance0.01
Range0.3225
R-Value(0.22)
Mean Square Error0.01
R-Squared0.05
Significance0.43
Slope(0)
Total Sum of Squares0.09

AMERISAFE Effective Tax Rate History

2021 0.17
2020 0.19
2019 0.2
2018 0.18
2017 0.44
2016 0.31
2015 0.3

About AMERISAFE Financial Statements

AMERISAFE stakeholders use historical fundamental indicators, such as AMERISAFE's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although AMERISAFE investors may analyze each financial statement separately, they are all interrelated. For example, changes in AMERISAFE's assets and liabilities are reflected in the revenues and expenses on AMERISAFE's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in AMERISAFE. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.20  0.26 

Currently Active Assets on Macroaxis

When determining whether AMERISAFE is a strong investment it is important to analyze AMERISAFE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AMERISAFE's future performance. For an informed investment choice regarding AMERISAFE Stock, refer to the following important reports:
Check out the analysis of AMERISAFE Correlation against competitors.
For more detail on how to invest in AMERISAFE Stock please use our How to Invest in AMERISAFE guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AMERISAFE. If investors know AMERISAFE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AMERISAFE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.443
Dividend Share
1.45
Earnings Share
3.21
Revenue Per Share
16.5
Quarterly Revenue Growth
0.083
The market value of AMERISAFE is measured differently than its book value, which is the value of AMERISAFE that is recorded on the company's balance sheet. Investors also form their own opinion of AMERISAFE's value that differs from its market value or its book value, called intrinsic value, which is AMERISAFE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AMERISAFE's market value can be influenced by many factors that don't directly affect AMERISAFE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AMERISAFE's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMERISAFE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMERISAFE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.