Skywater Effective Tax Rate from 2010 to 2024

SKYT Stock  USD 7.94  0.03  0.38%   
Skywater Technology 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, Skywater Technology Effective Tax Rate quarterly data regression had r-value of  0.01 and coefficient of variation of (417.52). View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.02034044
Current Value
0.0214
Quarterly Volatility
0.10002691
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Skywater Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skywater Technology's main balance sheet or income statement drivers, such as Interest Expense of 5.8 M, Tax Provision of 821.1 K or Depreciation And Amortization of 20.3 M, as well as many indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0033 or PTB Ratio of 8.55. Skywater financial statements analysis is a perfect complement when working with Skywater Technology Valuation or Volatility modules.
  
Check out the analysis of Skywater Technology Correlation against competitors.
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Latest Skywater Technology's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Skywater Technology over the last few years. Effective Tax Rate is the average rate at which Skywater Technology pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Skywater Technology total tax expenses by Skywater Technology earnings before taxes. It is Skywater Technology's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skywater Technology'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  

Skywater Effective Tax Rate Regression Statistics

Arithmetic Mean(0.02)
Geometric Mean0.03
Coefficient Of Variation(417.52)
Mean Deviation0.04
Median(0.02)
Standard Deviation0.10
Sample Variance0.01
Range0.5106
R-Value0.01
Mean Square Error0.01
R-Squared0.00003
Significance0.98
Slope0.0001
Total Sum of Squares0.14

Skywater Effective Tax Rate History

2024 0.0214
2023 0.0203
2020 -0.33
2019 0.18

About Skywater Technology Financial Statements

Skywater Technology shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Skywater Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Skywater Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Skywater Technology'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 0.02  0.02 

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Additional Tools for Skywater Stock Analysis

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