Korea Effective Tax Rate from 2010 to 2024

KEP Stock  USD 9.00  0.28  3.21%   
Korea Electric Effective Tax Rate yearly trend continues to be relatively stable with very little volatility. Effective Tax Rate is likely to grow to 0.44 this year. During the period from 2010 to 2024, Korea Electric Effective Tax Rate destribution of quarterly values had r-value of (0.01) from its regression line and median of  0.32. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.34822767
Current Value
0.44
Quarterly Volatility
0.35399107
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Korea Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Korea Electric's main balance sheet or income statement drivers, such as Interest Expense of 4.7 T, Total Revenue of 46.6 T or EBITDA of 7.1 T, as well as many indicators such as Price To Sales Ratio of 0.13, Dividend Yield of 0.0036 or PTB Ratio of 0.44. Korea financial statements analysis is a perfect complement when working with Korea Electric Valuation or Volatility modules.
  
Check out the analysis of Korea Electric Correlation against competitors.

Latest Korea Electric's Effective Tax Rate Growth Pattern

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

Korea Effective Tax Rate Regression Statistics

Arithmetic Mean0.38
Coefficient Of Variation94.01
Mean Deviation0.19
Median0.32
Standard Deviation0.35
Sample Variance0.13
Range1.7711
R-Value(0.01)
Mean Square Error0.13
R-Squared0.000082
Significance0.97
Slope(0.0007)
Total Sum of Squares1.75

Korea Effective Tax Rate History

2024 0.44
2023 0.35
2021 0.26
2020 0.3
2019 0.31
2017 0.6
2016 0.32

About Korea Electric Financial Statements

Korea Electric shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Korea Electric investors may analyze each financial statement separately, they are all interrelated. The changes in Korea Electric's assets and liabilities, for example, are also reflected in the revenues and expenses on on Korea Electric'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 0.35  0.44 

Additional Tools for Korea Stock Analysis

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