Boxlight Effective Tax Rate from 2010 to 2024

BOXL Stock  USD 0.43  0.02  4.44%   
Boxlight Corp Effective Tax Rate yearly trend continues to be quite stable with very little volatility. The value of Effective Tax Rate is projected to decrease to -0.05. From the period between 2010 and 2024, Boxlight Corp, Effective Tax Rate regression line of its data series had standard deviation of  0.88 and standard deviation of  0.88. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
(0.05)
Current Value
(0.05)
Quarterly Volatility
0.88415351
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Boxlight Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Boxlight Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.3 M, Interest Expense of 11.4 M or Selling General Administrative of 64.3 M, as well as many indicators such as Price To Sales Ratio of 0.0544, Dividend Yield of 0.13 or PTB Ratio of 0.21. Boxlight financial statements analysis is a perfect complement when working with Boxlight Corp Valuation or Volatility modules.
  
Check out the analysis of Boxlight Corp Correlation against competitors.

Latest Boxlight Corp's Effective Tax Rate Growth Pattern

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

Boxlight Effective Tax Rate Regression Statistics

Arithmetic Mean(0.82)
Geometric Mean0.30
Coefficient Of Variation(107.81)
Mean Deviation0.83
Median(0.32)
Standard Deviation0.88
Sample Variance0.78
Range1.9068
R-Value0.87
Mean Square Error0.20
R-Squared0.76
Significance0.000024
Slope0.17
Total Sum of Squares10.94

Boxlight Effective Tax Rate History

2024 -0.0525
2023 -0.05
2022 -0.0133
2021 -0.32
2020 0.0484
2019 -0.21
2018 -0.092

About Boxlight Corp Financial Statements

Boxlight Corp investors utilize fundamental indicators, such as Effective Tax Rate, to predict how Boxlight Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Effective Tax Rate(0.05)(0.05)

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When determining whether Boxlight Corp Class is a strong investment it is important to analyze Boxlight Corp'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 Boxlight Corp's future performance. For an informed investment choice regarding Boxlight Stock, refer to the following important reports:
Check out the analysis of Boxlight Corp Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Technology Hardware, Storage & Peripherals 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 Boxlight Corp. If investors know Boxlight 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 Boxlight Corp 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
3.376
Earnings Share
(3.18)
Revenue Per Share
17.002
Quarterly Revenue Growth
(0.18)
Return On Assets
(0.01)
The market value of Boxlight Corp Class is measured differently than its book value, which is the value of Boxlight that is recorded on the company's balance sheet. Investors also form their own opinion of Boxlight Corp's value that differs from its market value or its book value, called intrinsic value, which is Boxlight Corp'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 Boxlight Corp's market value can be influenced by many factors that don't directly affect Boxlight Corp'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 Boxlight Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boxlight Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boxlight Corp'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.