Clene Income Tax Expense from 2010 to 2024

CLNN Stock  USD 3.88  0.20  4.90%   
Clene Income Tax Expense yearly trend continues to be very stable with very little volatility. Income Tax Expense is likely to grow to about 1.6 M this year. During the period from 2010 to 2024, Clene Income Tax Expense quarterly data regression pattern had sample variance of 15.2 T and median of  115,000. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
1.5 M
Current Value
1.6 M
Quarterly Volatility
3.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clene financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clene's main balance sheet or income statement drivers, such as Interest Expense of 4.8 M, Tax Provision of 0.0 or Depreciation And Amortization of 1.5 M, as well as many indicators such as Price To Sales Ratio of 45.2, Dividend Yield of 0.0 or PTB Ratio of 2.21. Clene financial statements analysis is a perfect complement when working with Clene Valuation or Volatility modules.
  
Check out the analysis of Clene Correlation against competitors.

Latest Clene's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Clene Inc over the last few years. It is Clene's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clene's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Clene Income Tax Expense Regression Statistics

Arithmetic Mean(690,662)
Geometric Mean267,385
Coefficient Of Variation(564.21)
Mean Deviation1,859,778
Median115,000
Standard Deviation3,896,820
Sample Variance15.2T
Range16.3M
R-Value(0.23)
Mean Square Error15.5T
R-Squared0.05
Significance0.41
Slope(200,156)
Total Sum of Squares212.6T

Clene Income Tax Expense History

20241.6 M
20231.5 M
2022-14.6 M
2021-428 K
2020406 K

About Clene Financial Statements

Clene investors utilize fundamental indicators, such as Income Tax Expense, to predict how Clene 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
Income Tax Expense1.5 M1.6 M
When determining whether Clene Inc is a strong investment it is important to analyze Clene'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 Clene's future performance. For an informed investment choice regarding Clene Stock, refer to the following important reports:
Check out the analysis of Clene Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Biotechnology 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 Clene. If investors know Clene 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 Clene 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
0.614
Earnings Share
(5.29)
Revenue Per Share
0.069
Quarterly Revenue Growth
(0.66)
Return On Assets
(0.42)
The market value of Clene Inc is measured differently than its book value, which is the value of Clene that is recorded on the company's balance sheet. Investors also form their own opinion of Clene's value that differs from its market value or its book value, called intrinsic value, which is Clene'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 Clene's market value can be influenced by many factors that don't directly affect Clene'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 Clene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clene'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.