Sitime Income Tax Expense from 2010 to 2024

SITM Stock  USD 210.50  1.83  0.88%   
Sitime Income Tax Expense yearly trend continues to be very stable with very little volatility. Income Tax Expense is likely to grow to about 159.6 K this year. During the period from 2010 to 2024, Sitime Income Tax Expense quarterly data regression pattern had sample variance of 4.9 B and median of (32,000). View All Fundamentals
 
Income Tax Expense  
First Reported
2018-12-31
Previous Quarter
-18 K
Current Value
119 K
Quarterly Volatility
415.2 K
 
Covid
Check Sitime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sitime's main balance sheet or income statement drivers, such as Tax Provision of 106 K, Net Interest Income of 24.8 M or Interest Income of 24.8 M, as well as many indicators such as Price To Sales Ratio of 19.75, Dividend Yield of 0.0 or PTB Ratio of 3.63. Sitime financial statements analysis is a perfect complement when working with Sitime Valuation or Volatility modules.
  
Check out the analysis of Sitime Correlation against competitors.
To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.

Latest Sitime's Income Tax Expense Growth Pattern

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

Sitime Income Tax Expense Regression Statistics

Arithmetic Mean12,173
Geometric Mean31,867
Coefficient Of Variation572.90
Mean Deviation56,388
Median(32,000)
Standard Deviation69,742
Sample Variance4.9B
Range191.6K
R-Value0.83
Mean Square Error1.7B
R-Squared0.68
Significance0.0001
Slope12,886
Total Sum of Squares68.1B

Sitime Income Tax Expense History

2024159.6 K
2023152 K
202282 K
202178 K
2020 1000.0
2019 -8000.0
2018-26 K

About Sitime Financial Statements

Sitime investors utilize fundamental indicators, such as Income Tax Expense, to predict how Sitime 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 Expense152 K159.6 K

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Sitime is a strong investment it is important to analyze Sitime'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 Sitime's future performance. For an informed investment choice regarding Sitime Stock, refer to the following important reports:
Check out the analysis of Sitime Correlation against competitors.
To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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 Sitime. If investors know Sitime 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 Sitime 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
(0.61)
Earnings Share
(4.15)
Revenue Per Share
7.732
Quarterly Revenue Growth
0.624
Return On Assets
(0.08)
The market value of Sitime is measured differently than its book value, which is the value of Sitime that is recorded on the company's balance sheet. Investors also form their own opinion of Sitime's value that differs from its market value or its book value, called intrinsic value, which is Sitime'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 Sitime's market value can be influenced by many factors that don't directly affect Sitime'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 Sitime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sitime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sitime'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.