Boot Effective Tax Rate from 2010 to 2024

BOOT Stock  USD 145.45  8.40  6.13%   
Boot Barn Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate will likely drop to 0.07 in 2024. From the period from 2010 to 2024, Boot Barn Effective Tax Rate quarterly data regression had r-value of (0.87) and coefficient of variation of  31.25. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.25523377
Current Value
0.0737676
Quarterly Volatility
0.09375143
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Boot Barn financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Boot Barn's main balance sheet or income statement drivers, such as Depreciation And Amortization of 25.8 M, Interest Expense of 2.1 M or Selling General Administrative of 205.9 M, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0622 or PTB Ratio of 2.21. Boot financial statements analysis is a perfect complement when working with Boot Barn Valuation or Volatility modules.
  
Check out the analysis of Boot Barn Correlation against competitors.

Latest Boot Barn's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Boot Barn Holdings over the last few years. Effective Tax Rate is the average rate at which Boot Barn Holdings pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Boot Barn total tax expenses by Boot Barn earnings before taxes. It is Boot Barn's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Boot Barn'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  

Boot Effective Tax Rate Regression Statistics

Arithmetic Mean0.30
Geometric Mean0.28
Coefficient Of Variation31.25
Mean Deviation0.08
Median0.26
Standard Deviation0.09
Sample Variance0.01
Range0.3121
R-Value(0.87)
Mean Square Error0
R-Squared0.75
Significance0.00003
Slope(0.02)
Total Sum of Squares0.12

Boot Effective Tax Rate History

2024 0.0738
2023 0.26
2017 0.24

About Boot Barn Financial Statements

Boot Barn shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Boot Barn investors may analyze each financial statement separately, they are all interrelated. The changes in Boot Barn's assets and liabilities, for example, are also reflected in the revenues and expenses on on Boot Barn'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 0.26  0.07 

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Additional Tools for Boot Stock Analysis

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