Methanex Income Tax Expense from 2010 to 2024

MEOH Stock  USD 46.02  0.57  1.25%   
Methanex's Income Tax Expense is increasing with very volatile movements from year to year. Income Tax Expense is predicted to flatten to about 1.4 M. For the period between 2010 and 2024, Methanex, Income Tax Expense quarterly trend regression had median of  10,997,000 and r-value of  0.08. View All Fundamentals
 
Income Tax Expense  
First Reported
1992-03-31
Previous Quarter
4.8 M
Current Value
10.5 M
Quarterly Volatility
91.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Methanex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Methanex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 411.4 M, Interest Expense of 123.2 M or Total Revenue of 2.3 B, as well as many indicators such as Price To Sales Ratio of 1.43, Dividend Yield of 0.0255 or PTB Ratio of 1.59. Methanex financial statements analysis is a perfect complement when working with Methanex Valuation or Volatility modules.
  
Check out the analysis of Methanex Correlation against competitors.
For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.

Latest Methanex's Income Tax Expense Growth Pattern

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

Methanex Income Tax Expense Regression Statistics

Arithmetic Mean41,365,037
Coefficient Of Variation178.47
Mean Deviation62,259,699
Median10,997,000
Standard Deviation73,822,786
Sample Variance5449.8T
Range239.1M
R-Value0.08
Mean Square Error5830.9T
R-Squared0.01
Significance0.78
Slope1,331,010
Total Sum of Squares76297.3T

Methanex Income Tax Expense History

20241.4 M
20231.5 M
2022119.9 M
2021110.4 M
2020-62.1 M
20194.5 M
2018153.5 M

About Methanex Financial Statements

Investors use fundamental indicators, such as Methanex's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Methanex's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense1.5 M1.4 M

Currently Active Assets on Macroaxis

When determining whether Methanex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methanex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methanex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methanex Stock:
Check out the analysis of Methanex Correlation against competitors.
For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Methanex. If investors know Methanex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Methanex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
0.74
Earnings Share
2.12
Revenue Per Share
54.81
Quarterly Revenue Growth
0.135
The market value of Methanex is measured differently than its book value, which is the value of Methanex that is recorded on the company's balance sheet. Investors also form their own opinion of Methanex's value that differs from its market value or its book value, called intrinsic value, which is Methanex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Methanex's market value can be influenced by many factors that don't directly affect Methanex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Methanex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Methanex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methanex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.