Ellsworth Income Tax Expense from 2010 to 2024

ECF Stock  USD 9.85  0.13  1.34%   
Ellsworth Convertible's Income Tax Expense is increasing over the last several years with slightly volatile swings. Income Tax Expense is predicted to flatten to about 3.9 M. During the period from 2010 to 2024 Ellsworth Convertible Growth Income Tax Expense regressed destribution of quarterly values had coefficient of variationof  232.94 and r-value of  0.33. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
7.3 M
Current Value
3.9 M
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ellsworth Convertible financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ellsworth Convertible's main balance sheet or income statement drivers, such as Depreciation And Amortization of 143.6 K, Interest Expense of 1.2 K or Selling General Administrative of 346.3 K, as well as many indicators such as Price To Sales Ratio of 12.21, Dividend Yield of 0.0 or PTB Ratio of 0.94. Ellsworth financial statements analysis is a perfect complement when working with Ellsworth Convertible Valuation or Volatility modules.
  
Check out the analysis of Ellsworth Convertible Correlation against competitors.

Latest Ellsworth Convertible's Income Tax Expense Growth Pattern

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

Ellsworth Income Tax Expense Regression Statistics

Arithmetic Mean3,847,079
Geometric Mean0.00
Coefficient Of Variation232.94
Mean Deviation4,956,151
Median1,061
Standard Deviation8,961,548
Sample Variance80.3T
Range35.2M
R-Value0.33
Mean Square Error77.1T
R-Squared0.11
Significance0.23
Slope660,229
Total Sum of Squares1124.3T

Ellsworth Income Tax Expense History

20243.9 M
20237.3 M
20226.3 M
20211.2 M
20201.6 M
201935 M
20182.5 M

About Ellsworth Convertible Financial Statements

Ellsworth Convertible stakeholders use historical fundamental indicators, such as Ellsworth Convertible's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Ellsworth Convertible investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ellsworth Convertible's assets and liabilities are reflected in the revenues and expenses on Ellsworth Convertible's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ellsworth Convertible Growth. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense7.3 M3.9 M

Currently Active Assets on Macroaxis

When determining whether Ellsworth Convertible is a strong investment it is important to analyze Ellsworth Convertible'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 Ellsworth Convertible's future performance. For an informed investment choice regarding Ellsworth Stock, refer to the following important reports:
Check out the analysis of Ellsworth Convertible Correlation against competitors.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Asset Management & Custody Banks 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 Ellsworth Convertible. If investors know Ellsworth 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 Ellsworth Convertible 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
0.456
Dividend Share
0.52
Earnings Share
0.46
Revenue Per Share
0.432
Quarterly Revenue Growth
0.184
The market value of Ellsworth Convertible is measured differently than its book value, which is the value of Ellsworth that is recorded on the company's balance sheet. Investors also form their own opinion of Ellsworth Convertible's value that differs from its market value or its book value, called intrinsic value, which is Ellsworth Convertible'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 Ellsworth Convertible's market value can be influenced by many factors that don't directly affect Ellsworth Convertible'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 Ellsworth Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellsworth Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellsworth Convertible'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.