Granite Income Tax Expense from 2010 to 2024

GPMT Stock  USD 3.52  0.05  1.44%   
Granite Point Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. From the period from 2010 to 2024, Granite Point Income Tax Expense quarterly data regression had r-value of  0.23 and coefficient of variation of  157.59. View All Fundamentals
 
Income Tax Expense  
First Reported
2015-12-31
Previous Quarter
(1,000.00)
Current Value
-2 K
Quarterly Volatility
37.5 M
 
Yuan Drop
 
Covid
Check Granite Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Point's main balance sheet or income statement drivers, such as Tax Provision of 116.2 K, Interest Expense of 98.9 M or Selling General Administrative of 20.6 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.2 or PTB Ratio of 0.34. Granite financial statements analysis is a perfect complement when working with Granite Point Valuation or Volatility modules.
  
Check out the analysis of Granite Point Correlation against competitors.

Latest Granite Point's Income Tax Expense Growth Pattern

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

Granite Income Tax Expense Regression Statistics

Arithmetic Mean94,108
Geometric Mean39,474
Coefficient Of Variation157.59
Mean Deviation82,559
Median70,000
Standard Deviation148,302
Sample Variance22B
Range604K
R-Value0.23
Mean Square Error22.4B
R-Squared0.05
Significance0.41
Slope7,580
Total Sum of Squares307.9B

Granite Income Tax Expense History

2024115.6 K
202395 K
202217 K
2021192 K
2020593 K
2018 -2000.0
2017 -4000.0

About Granite Point Financial Statements

Granite Point shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Granite Point investors may analyze each financial statement separately, they are all interrelated. The changes in Granite Point's assets and liabilities, for example, are also reflected in the revenues and expenses on on Granite Point'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
Income Tax Expense95 K115.6 K

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Additional Tools for Granite Stock Analysis

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