Snail, Effective Tax Rate from 2010 to 2024

SNAL Stock   0.90  0.03  3.45%   
Snail, Effective Tax Rate yearly trend continues to be quite stable with very little volatility. Effective Tax Rate may rise above 0.38 this year. From the period between 2010 and 2024, Snail,, Effective Tax Rate regression line of its data series had standard deviation of  0.40 and standard deviation of  0.40. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.20884177
Current Value
0.38
Quarterly Volatility
0.39620497
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Snail, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Snail,'s main balance sheet or income statement drivers, such as Interest Income of 242.8 K, Depreciation And Amortization of 1.7 M or Interest Expense of 754.3 K, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.12 or PTB Ratio of 3.29. Snail, financial statements analysis is a perfect complement when working with Snail, Valuation or Volatility modules.
  
Check out the analysis of Snail, Correlation against competitors.

Latest Snail,'s Effective Tax Rate Growth Pattern

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

Snail, Effective Tax Rate Regression Statistics

Arithmetic Mean0.27
Geometric Mean0.19
Coefficient Of Variation146.61
Mean Deviation0.20
Median0.14
Standard Deviation0.40
Sample Variance0.16
Range1.5436
R-Value0.41
Mean Square Error0.14
R-Squared0.17
Significance0.13
Slope0.04
Total Sum of Squares2.20

Snail, Effective Tax Rate History

2024 0.38
2023 0.21
2022 1.68
2021 0.18
2020 0.19

About Snail, Financial Statements

Snail, investors utilize fundamental indicators, such as Effective Tax Rate, to predict how Snail, 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
Effective Tax Rate 0.21  0.38 

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When determining whether Snail, Class A is a strong investment it is important to analyze Snail,'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 Snail,'s future performance. For an informed investment choice regarding Snail, Stock, refer to the following important reports:
Check out the analysis of Snail, Correlation against competitors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Movies & Entertainment 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 Snail,. If investors know Snail, 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 Snail, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.08
Revenue Per Share
1.997
Quarterly Revenue Growth
1.184
Return On Assets
(0.01)
Return On Equity
(0.46)
The market value of Snail, Class A is measured differently than its book value, which is the value of Snail, that is recorded on the company's balance sheet. Investors also form their own opinion of Snail,'s value that differs from its market value or its book value, called intrinsic value, which is Snail,'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 Snail,'s market value can be influenced by many factors that don't directly affect Snail,'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 Snail,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Snail, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snail,'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.