Lument Effective Tax Rate from 2010 to 2024

LFT Stock  USD 2.64  0.02  0.76%   
Lument Finance Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate will likely drop to 0.0003 in 2024. From the period from 2010 to 2024, Lument Finance Effective Tax Rate quarterly data regression had r-value of (0.65) and coefficient of variation of  156.60. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.00029021
Current Value
0.000276
Quarterly Volatility
2.4 K
 
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Yuan Drop
 
Covid
Check Lument Finance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lument Finance's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.2 M, Selling General Administrative of 7.3 M or Total Revenue of 17.7 M, as well as many indicators such as Price To Sales Ratio of 7.35, Dividend Yield of 0.19 or PTB Ratio of 0.8. Lument financial statements analysis is a perfect complement when working with Lument Finance Valuation or Volatility modules.
  
Check out the analysis of Lument Finance Correlation against competitors.

Latest Lument Finance's Effective Tax Rate Growth Pattern

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

Lument Effective Tax Rate Regression Statistics

Arithmetic Mean1,504
Geometric Mean4.70
Coefficient Of Variation156.60
Mean Deviation1,914
Median0.01
Standard Deviation2,355
Sample Variance5.5M
Range8.3K
R-Value(0.65)
Mean Square Error3.5M
R-Squared0.42
Significance0.01
Slope(339.68)
Total Sum of Squares77.6M

Lument Effective Tax Rate History

2024 2.76E-4
2023 2.9E-4
2022 0.001123
2021 0.007345
2020 -0.0597
2019 -0.007014
2018 -0.39

About Lument Finance Financial Statements

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

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Additional Tools for Lument Stock Analysis

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