Global Effective Tax Rate from 2010 to 2025

GBBKW Stock  USD 0.05  0.01  42.57%   
Global Blockchain Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate will likely drop to 0.14 in 2025. During the period from 2010 to 2025, Global Blockchain Effective Tax Rate regression line of quarterly data had mean square error of  0.01 and geometric mean of  0. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.24
Current Value
0.14
Quarterly Volatility
0.10694115
 
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Yuan Drop
 
Covid
Check Global Blockchain financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Blockchain's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Other Operating Expenses of 742.3 K or EBIT of 5.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 9.05. Global financial statements analysis is a perfect complement when working with Global Blockchain Valuation or Volatility modules.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Latest Global Blockchain's Effective Tax Rate Growth Pattern

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

Global Effective Tax Rate Regression Statistics

Arithmetic Mean0.06
Geometric Mean0
Coefficient Of Variation181.40
Mean Deviation0.09
Median0
Standard Deviation0.11
Sample Variance0.01
Range0.2819
R-Value0.69
Mean Square Error0.01
R-Squared0.48
Significance0
Slope0.02
Total Sum of Squares0.17

Global Effective Tax Rate History

2025 0.14
2024 0.24
2023 0.26
2022 0.28

About Global Blockchain Financial Statements

Global Blockchain investors use historical fundamental indicators, such as Global Blockchain'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 Global Blockchain. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.24  0.14 

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