Immunitybio Effective Tax Rate from 2010 to 2024

IBRX Stock  USD 5.04  0.06  1.18%   
Immunitybio Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate will likely drop to 0.000065 in 2024. During the period from 2010 to 2024, Immunitybio Effective Tax Rate regression line of annual values had significance of  0.47 and arithmetic mean of  0. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.00006851
Current Value
0.000065
Quarterly Volatility
0.00279785
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Immunitybio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Immunitybio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.8 M, Interest Expense of 135.7 M or Selling General Administrative of 91.7 M, as well as many indicators such as Price To Sales Ratio of 6.7 K, Dividend Yield of 0.0 or Days Sales Outstanding of 1.8 K. Immunitybio financial statements analysis is a perfect complement when working with Immunitybio Valuation or Volatility modules.
  
Check out the analysis of Immunitybio Correlation against competitors.
For more information on how to buy Immunitybio Stock please use our How to Invest in Immunitybio guide.

Latest Immunitybio's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Immunitybio over the last few years. Effective Tax Rate is the average rate at which Immunitybio pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Immunitybio total tax expenses by Immunitybio earnings before taxes. It is Immunitybio's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Immunitybio's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Pretty Stable
   Effective Tax Rate   
       Timeline  

Immunitybio Effective Tax Rate Regression Statistics

Arithmetic Mean0
Coefficient Of Variation182.46
Mean Deviation0
Median0.000065
Standard Deviation0
Sample Variance0.00000783
Range0.0087
R-Value0.20
Mean Square Error0.00000809
R-Squared0.04
Significance0.47
Slope0.0001
Total Sum of Squares0.0001

Immunitybio Effective Tax Rate History

2024 6.5E-5
2023 6.9E-5
2022 -8.1E-5
2021 -2.6E-5
2020 0.008167
2019 6.55E-4
2018 0.0052

About Immunitybio Financial Statements

Immunitybio investors use historical fundamental indicators, such as Immunitybio'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 Immunitybio. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Immunitybio Stock Analysis

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