Clene Income Before Tax from 2010 to 2024

CLNNW Stock  USD 0.03  0.01  14.09%   
Clene Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. During the period from 2010 to 2024, Clene Income Before Tax regression line of quarterly data had r-squared of  0.41 and coefficient of variation of (55.49). View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
-49.5 M
Current Value
-47 M
Quarterly Volatility
11.7 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 Tax Provision of 0.0, Depreciation And Amortization of 1.5 M or Interest Expense of 4.8 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 Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Clene Inc over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Clene income statement and is an important metric when analyzing Clene Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Clene's Income Before Tax 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 Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Clene Income Before Tax Regression Statistics

Arithmetic Mean(21,135,987)
Coefficient Of Variation(55.49)
Mean Deviation8,405,712
Median(16,155,000)
Standard Deviation11,728,582
Sample Variance137.6T
Range39.3M
R-Value(0.64)
Mean Square Error87.7T
R-Squared0.41
Significance0.01
Slope(1,675,806)
Total Sum of Squares1925.8T

Clene Income Before Tax History

2024-47 M
2023-49.5 M
2022-29.9 M
2021-10.2 M
2020-18.9 M

About Clene Financial Statements

Clene investors use historical fundamental indicators, such as Clene's Income Before Tax, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Clene. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax-49.5 M-47 M

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Additional Tools for Clene Stock Analysis

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