Smith Income Tax Expense from 2010 to 2024

SMID Stock  USD 45.50  0.52  1.16%   
Smith Midland's Income Tax Expense is increasing over the years with stable fluctuation. Overall, Income Tax Expense is expected to go to about 609.2 K this year. During the period from 2010 to 2024 Smith Midland Income Tax Expense annual values regression line had geometric mean of  542,709 and mean square error of 315.4 B. View All Fundamentals
 
Income Tax Expense  
First Reported
1994-09-30
Previous Quarter
632 K
Current Value
694 K
Quarterly Volatility
279.2 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smith Midland financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith Midland's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 188 K or Selling General Administrative of 4.2 M, as well as many indicators such as Price To Sales Ratio of 3.66, Dividend Yield of 0.0124 or PTB Ratio of 6.38. Smith financial statements analysis is a perfect complement when working with Smith Midland Valuation or Volatility modules.
  
Check out the analysis of Smith Midland Correlation against competitors.

Latest Smith Midland's Income Tax Expense Growth Pattern

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

Smith Income Tax Expense Regression Statistics

Arithmetic Mean604,611
Geometric Mean542,709
Coefficient Of Variation93.00
Mean Deviation420,200
Median557,000
Standard Deviation562,286
Sample Variance316.2B
Range2M
R-Value0.27
Mean Square Error315.4B
R-Squared0.07
Significance0.33
Slope34,158
Total Sum of Squares4.4T

Smith Income Tax Expense History

2024609.2 K
2023528 K
2022145 K
20211.5 M
20201.1 M
2019549 K
2018572 K

About Smith Midland Financial Statements

Smith Midland stakeholders use historical fundamental indicators, such as Smith Midland's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Smith Midland investors may analyze each financial statement separately, they are all interrelated. For example, changes in Smith Midland's assets and liabilities are reflected in the revenues and expenses on Smith Midland'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 Smith Midland Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense528 K609.2 K

Also Currently Popular

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 Smith Midland Corp is a strong investment it is important to analyze Smith Midland'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 Smith Midland's future performance. For an informed investment choice regarding Smith Stock, refer to the following important reports:
Check out the analysis of Smith Midland Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Construction Materials 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 Smith Midland. If investors know Smith 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 Smith Midland 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
12.798
Earnings Share
1.22
Revenue Per Share
12.943
Quarterly Revenue Growth
0.336
Return On Assets
0.065
The market value of Smith Midland Corp is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Midland's value that differs from its market value or its book value, called intrinsic value, which is Smith Midland'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 Smith Midland's market value can be influenced by many factors that don't directly affect Smith Midland'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 Smith Midland's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Midland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Midland'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.