OLB Income Tax Expense from 2010 to 2024

OLB Stock  USD 1.95  0.03  1.52%   
OLB's Income Tax Expense is decreasing over the years with slightly volatile fluctuation. Income Tax Expense is expected to dwindle to about -97.9 K. From 2010 to 2024 OLB Income Tax Expense quarterly data regression line had arithmetic mean of (1,402,166) and significance of  0.28. View All Fundamentals
 
Income Tax Expense  
First Reported
2007-03-31
Previous Quarter
-29 K
Current Value
-3.5 M
Quarterly Volatility
1.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OLB financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OLB's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.1 M, Interest Expense of 141.1 K or Other Operating Expenses of 56.8 M, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0 or PTB Ratio of 1.38. OLB financial statements analysis is a perfect complement when working with OLB Valuation or Volatility modules.
  
Check out the analysis of OLB Correlation against competitors.

Latest OLB's Income Tax Expense Growth Pattern

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

OLB Income Tax Expense Regression Statistics

Arithmetic Mean(1,402,166)
Coefficient Of Variation(437.62)
Mean Deviation2,951,123
Median22,838
Standard Deviation6,136,175
Sample Variance37.7T
Range24.8M
R-Value(0.30)
Mean Square Error37T
R-Squared0.09
Significance0.28
Slope(406,617)
Total Sum of Squares527.1T

OLB Income Tax Expense History

2024-97.9 K
2023-93.3 K
2022-23.5 M
2021116.8 K
2020M
20191.3 M

About OLB Financial Statements

OLB stakeholders use historical fundamental indicators, such as OLB's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although OLB investors may analyze each financial statement separately, they are all interrelated. For example, changes in OLB's assets and liabilities are reflected in the revenues and expenses on OLB'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 OLB Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense-93.3 K-97.9 K

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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 OLB Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OLB'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 Olb Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Olb Group Stock:
Check out the analysis of OLB Correlation against competitors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Application Software 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 OLB. If investors know OLB 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 OLB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.93)
Revenue Per Share
13.714
Quarterly Revenue Growth
(0.58)
Return On Assets
(0.30)
Return On Equity
(1.25)
The market value of OLB Group is measured differently than its book value, which is the value of OLB that is recorded on the company's balance sheet. Investors also form their own opinion of OLB's value that differs from its market value or its book value, called intrinsic value, which is OLB'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 OLB's market value can be influenced by many factors that don't directly affect OLB'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 OLB's value and its price as these two are different measures arrived at by different means. Investors typically determine if OLB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OLB'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.