NVE Income Tax Expense from 2010 to 2024

NVEC Stock  USD 77.09  0.25  0.33%   
NVE's Income Tax Expense is decreasing over the years with stable fluctuation. Income Tax Expense is expected to dwindle to about 3.3 M. During the period from 2010 to 2024 NVE Income Tax Expense annual values regression line had geometric mean of  3,766,292 and mean square error of 3.2 T. View All Fundamentals
 
Income Tax Expense  
First Reported
1995-06-30
Previous Quarter
785.2 K
Current Value
833.9 K
Quarterly Volatility
739.9 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NVE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NVE's main balance sheet or income statement drivers, such as Depreciation And Amortization of 292.7 K, Interest Expense of 1.4 M or Total Revenue of 21.8 M, as well as many indicators such as Price To Sales Ratio of 15.15, Dividend Yield of 0.0427 or PTB Ratio of 7.87. NVE financial statements analysis is a perfect complement when working with NVE Valuation or Volatility modules.
  
Check out the analysis of NVE Correlation against competitors.

Latest NVE's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of NVE Corporation over the last few years. It is NVE's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NVE'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  

NVE Income Tax Expense Regression Statistics

Arithmetic Mean4,308,414
Geometric Mean3,766,292
Coefficient Of Variation41.80
Mean Deviation1,530,706
Median4,398,379
Standard Deviation1,801,013
Sample Variance3.2T
Range6.5M
R-Value(0.27)
Mean Square Error3.2T
R-Squared0.08
Significance0.32
Slope(110,624)
Total Sum of Squares45.4T

NVE Income Tax Expense History

20243.3 M
20233.3 M
20224.4 M
2021M
20202.5 M
20192.8 M
20183.2 M

About NVE Financial Statements

NVE stakeholders use historical fundamental indicators, such as NVE's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although NVE investors may analyze each financial statement separately, they are all interrelated. For example, changes in NVE's assets and liabilities are reflected in the revenues and expenses on NVE's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in NVE Corporation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense3.3 M3.3 M

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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.
When determining whether NVE Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVE'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 Nve Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nve Corporation Stock:
Check out the analysis of NVE Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Semiconductors & Semiconductor Equipment 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 NVE. If investors know NVE 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 NVE 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
(0.15)
Dividend Share
4
Earnings Share
3.33
Revenue Per Share
5.665
Quarterly Revenue Growth
(0.05)
The market value of NVE Corporation is measured differently than its book value, which is the value of NVE that is recorded on the company's balance sheet. Investors also form their own opinion of NVE's value that differs from its market value or its book value, called intrinsic value, which is NVE'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 NVE's market value can be influenced by many factors that don't directly affect NVE'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 NVE's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVE'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.