Purple Income Tax Expense from 2010 to 2024

PRPL Stock  USD 0.88  0.03  3.53%   
Purple Innovation Income Tax Expense yearly trend continues to be quite stable with very little volatility. The value of Income Tax Expense is projected to decrease to 7,600. From the period between 2010 and 2024, Purple Innovation, Income Tax Expense regression line of its data series had standard deviation of  57,175,431 and standard deviation of  57,175,431. View All Fundamentals
 
Income Tax Expense  
First Reported
2016-03-31
Previous Quarter
54 K
Current Value
63 K
Quarterly Volatility
37.9 M
 
Yuan Drop
 
Covid
Check Purple Innovation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Purple Innovation's main balance sheet or income statement drivers, such as Interest Expense of 2.3 M, Selling General Administrative of 88.7 M or Total Revenue of 372 M, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.0015 or PTB Ratio of 0.97. Purple financial statements analysis is a perfect complement when working with Purple Innovation Valuation or Volatility modules.
  
Check out the analysis of Purple Innovation Correlation against competitors.
For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.

Latest Purple Innovation's Income Tax Expense Growth Pattern

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

Purple Income Tax Expense Regression Statistics

Arithmetic Mean10,387,840
Geometric Mean0.00
Coefficient Of Variation550.41
Mean Deviation26,996,821
Median0.00
Standard Deviation57,175,431
Sample Variance3269T
Range256.6M
R-Value0.26
Mean Square Error3289.5T
R-Squared0.07
Significance0.36
Slope3,274,515
Total Sum of Squares45766.4T

Purple Income Tax Expense History

2024 7600.0
2023 8000.0
2022212.9 M
2021-1.2 M
2020-43.7 M
2019400 K
2018-12.6 M

About Purple Innovation Financial Statements

Purple Innovation investors utilize fundamental indicators, such as Income Tax Expense, to predict how Purple Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax ExpenseK7.6 K

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When determining whether Purple Innovation is a strong investment it is important to analyze Purple Innovation's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Purple Innovation's future performance. For an informed investment choice regarding Purple Stock, refer to the following important reports:
Check out the analysis of Purple Innovation Correlation against competitors.
For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Household Appliances 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 Purple Innovation. If investors know Purple 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 Purple Innovation 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
(0.60)
Earnings Share
(1.02)
Revenue Per Share
4.734
Quarterly Revenue Growth
(0.15)
Return On Assets
(0.12)
The market value of Purple Innovation is measured differently than its book value, which is the value of Purple that is recorded on the company's balance sheet. Investors also form their own opinion of Purple Innovation's value that differs from its market value or its book value, called intrinsic value, which is Purple Innovation'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 Purple Innovation's market value can be influenced by many factors that don't directly affect Purple Innovation'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 Purple Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Purple Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purple Innovation'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.