Golden Effective Tax Rate from 2010 to 2024

GODNU Stock   11.49  0.23  1.96%   
Golden Star Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate will likely drop to 21.47 in 2024. From the period from 2010 to 2024, Golden Star Effective Tax Rate quarterly data regression had r-value of  0.59 and coefficient of variation of  49.90. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
36.08
Current Value
21.47
Quarterly Volatility
8.67602318
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golden Star financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Star's main balance sheet or income statement drivers, such as Depreciation And Amortization of 257.3 K, Other Operating Expenses of 900.6 K or EBIT of 1.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.27. Golden financial statements analysis is a perfect complement when working with Golden Star Valuation or Volatility modules.
  
Check out the analysis of Golden Star Correlation against competitors.

Latest Golden Star's Effective Tax Rate Growth Pattern

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

Golden Effective Tax Rate Regression Statistics

Arithmetic Mean17.39
Geometric Mean16.08
Coefficient Of Variation49.90
Mean Deviation6.06
Median13.60
Standard Deviation8.68
Sample Variance75.27
Range26.4898
R-Value0.59
Mean Square Error52.49
R-Squared0.35
Significance0.02
Slope1.15
Total Sum of Squares1,054

Golden Effective Tax Rate History

2024 21.47
2023 36.08
2022 40.09

About Golden Star Financial Statements

Golden 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 Golden Star investors may analyze each financial statement separately, they are all interrelated. The changes in Golden Star's assets and liabilities, for example, are also reflected in the revenues and expenses on on Golden 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 36.08  21.47 

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Additional Tools for Golden Stock Analysis

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