Global Effective Tax Rate from 2010 to 2024

GLST Stock   11.90  0.40  3.48%   
Global Star Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2024. From the period from 2010 to 2024, Global Star Effective Tax Rate quarterly data regression had mean square error of  0.02 and mean deviation of  0.14. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.43250701
Current Value
0.45
Quarterly Volatility
0.1844843
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Star financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Star's main balance sheet or income statement drivers, such as Net Interest Income of 4.2 M, Interest Income of 4.2 M or Depreciation And Amortization of 2 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.14. Global financial statements analysis is a perfect complement when working with Global Star Valuation or Volatility modules.
  
Check out the analysis of Global Star Correlation against competitors.

Latest Global Star's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Global Star Acquisition, over the last few years. Effective Tax Rate is the average rate at which Global Star Acquisition, pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Global Star total tax expenses by Global Star earnings before taxes. It is Global Star's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Star'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 Mean0.09
Coefficient Of Variation214.29
Mean Deviation0.14
Median(0)
Standard Deviation0.18
Sample Variance0.03
Range0.4533
R-Value0.70
Mean Square Error0.02
R-Squared0.49
Significance0
Slope0.03
Total Sum of Squares0.48

Global Effective Tax Rate History

2024 0.45
2023 0.43
2022 0.44
2021 4.11E-4

About Global Star Financial Statements

Global Star shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Global Star investors may analyze each financial statement separately, they are all interrelated. The changes in Global Star's assets and liabilities, for example, are also reflected in the revenues and expenses on on Global Star'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 0.43  0.45 

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Additional Tools for Global Stock Analysis

When running Global Star's price analysis, check to measure Global Star'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 Star is operating at the current time. Most of Global Star's value examination focuses on studying past and present price action to predict the probability of Global Star'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 Star's price. Additionally, you may evaluate how the addition of Global Star to your portfolios can decrease your overall portfolio volatility.