Distoken Effective Tax Rate from 2010 to 2024

DIST Stock   11.20  0.02  0.18%   
Distoken Acquisition Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate will likely drop to 0.24 in 2024. From the period from 2010 to 2024, Distoken Acquisition Effective Tax Rate quarterly data regression had r-value of  0.23 and coefficient of variation of  102.16. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.25000029
Current Value
0.24
Quarterly Volatility
31.50883981
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Distoken Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Distoken Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 167.8 K, Other Operating Expenses of 1.2 M or Total Operating Expenses of 1.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.2. Distoken financial statements analysis is a perfect complement when working with Distoken Acquisition Valuation or Volatility modules.
  
Check out the analysis of Distoken Acquisition Correlation against competitors.
For more information on how to buy Distoken Stock please use our How to Invest in Distoken Acquisition guide.

Latest Distoken Acquisition's Effective Tax Rate Growth Pattern

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

Distoken Effective Tax Rate Regression Statistics

Arithmetic Mean30.84
Geometric Mean15.26
Coefficient Of Variation102.16
Mean Deviation20.05
Median22.74
Standard Deviation31.51
Sample Variance992.81
Range106
R-Value0.23
Mean Square Error1,012
R-Squared0.05
Significance0.41
Slope1.63
Total Sum of Squares13,899

Distoken Effective Tax Rate History

2024 0.24
2023 0.25
2021 106.02

About Distoken Acquisition Financial Statements

Distoken Acquisition shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Distoken Acquisition investors may analyze each financial statement separately, they are all interrelated. The changes in Distoken Acquisition's assets and liabilities, for example, are also reflected in the revenues and expenses on on Distoken Acquisition'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 0.25  0.24 

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Additional Tools for Distoken Stock Analysis

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