ECD Effective Tax Rate from 2010 to 2024

ECDAW Stock   0.02  0.00  0.00%   
ECD Automotive Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2024. During the period from 2010 to 2024, ECD Automotive Effective Tax Rate regression line of quarterly data had mean square error of  0.19 and geometric mean of  0.85. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.24342596
Current Value
0.26
Quarterly Volatility
0.58314384
 
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Yuan Drop
 
Covid
Check ECD Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ECD Automotive's main balance sheet or income statement drivers, such as Depreciation And Amortization of 285.4 K, Selling General Administrative of 4.4 M or Selling And Marketing Expenses of 377.4 K, as well as many indicators such as Price To Sales Ratio of 1.61, Dividend Yield of 0.1 or Days Sales Outstanding of 5.58. ECD financial statements analysis is a perfect complement when working with ECD Automotive Valuation or Volatility modules.
  
Check out the analysis of ECD Automotive Correlation against competitors.

Latest ECD Automotive's Effective Tax Rate Growth Pattern

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

ECD Effective Tax Rate Regression Statistics

Arithmetic Mean(0.82)
Geometric Mean0.85
Coefficient Of Variation(71.26)
Mean Deviation0.45
Median(1.10)
Standard Deviation0.58
Sample Variance0.34
Range1.515
R-Value0.69
Mean Square Error0.19
R-Squared0.47
Significance0
Slope0.09
Total Sum of Squares4.76

ECD Effective Tax Rate History

2024 0.26
2023 0.24
2022 0.42

About ECD Automotive Financial Statements

ECD Automotive investors use historical fundamental indicators, such as ECD Automotive's Effective Tax Rate, 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 ECD Automotive. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.24  0.26 

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Additional Tools for ECD Stock Analysis

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