RILYT Effective Tax Rate from 2010 to 2024

RILYT Stock  USD 11.55  0.72  6.65%   
B Riley Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2024. From the period from 2010 to 2024, B Riley Effective Tax Rate quarterly data regression had mean square error of  0.07 and mean deviation of  0.13. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.25781316
Current Value
0.27
Quarterly Volatility
0.24803946
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check B Riley financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among B Riley's main balance sheet or income statement drivers, such as Other Operating Expenses of 1.6 B, Operating Income of 101 M or EBIT of 55.3 M, as well as many indicators such as Price To Sales Ratio of 0.69, Dividend Yield of 0.13 or PTB Ratio of 2.22. RILYT financial statements analysis is a perfect complement when working with B Riley Valuation or Volatility modules.
  
Check out the analysis of B Riley Correlation against competitors.

Latest B Riley's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of B Riley Financial over the last few years. Effective Tax Rate is the average rate at which B Riley Financial pre-tax profits are taxed by the government. The effective tax rate is computed by dividing B Riley total tax expenses by B Riley earnings before taxes. It is B Riley's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in B Riley's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Very volatile
   Effective Tax Rate   
       Timeline  

RILYT Effective Tax Rate Regression Statistics

Arithmetic Mean0.30
Coefficient Of Variation82.88
Mean Deviation0.13
Median0.30
Standard Deviation0.25
Sample Variance0.06
Range1.2129
R-Value0.02
Mean Square Error0.07
R-Squared0.0003
Significance0.95
Slope0.0009
Total Sum of Squares0.86

RILYT Effective Tax Rate History

2023 0.26
2022 0.29
2020 0.27
2018 0.23
2017 0.42
2016 0.3
2015 0.36

About B Riley Financial Statements

B Riley shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although B Riley investors may analyze each financial statement separately, they are all interrelated. The changes in B Riley's assets and liabilities, for example, are also reflected in the revenues and expenses on on B Riley'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
Effective Tax Rate 0.26  0.27 

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Additional Tools for RILYT Stock Analysis

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