Synopsys Income Tax Expense from 2010 to 2024

SNPS Stock  USD 553.95  7.92  1.41%   
Synopsys Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. From the period from 2010 to 2024, Synopsys Income Tax Expense quarterly data regression had r-value of  0.32 and coefficient of variation of  138.14. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-10-31
Previous Quarter
45.4 M
Current Value
-30.7 M
Quarterly Volatility
32.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Synopsys financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synopsys' main balance sheet or income statement drivers, such as Depreciation And Amortization of 416.4 M, Interest Expense of 1 M or Total Revenue of 7.1 B, as well as many indicators such as Price To Sales Ratio of 14.76, Dividend Yield of 0.0 or PTB Ratio of 14.03. Synopsys financial statements analysis is a perfect complement when working with Synopsys Valuation or Volatility modules.
  
Check out the analysis of Synopsys Correlation against competitors.
For more information on how to buy Synopsys Stock please use our How to Invest in Synopsys guide.

Latest Synopsys' Income Tax Expense Growth Pattern

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

Synopsys Income Tax Expense Regression Statistics

Arithmetic Mean54,155,825
Geometric Mean40,558,704
Coefficient Of Variation138.14
Mean Deviation53,839,814
Median49,155,000
Standard Deviation74,811,753
Sample Variance5596.8T
Range315.5M
R-Value0.32
Mean Square Error5404.6T
R-Squared0.10
Significance0.24
Slope5,377,007
Total Sum of Squares78355.2T

Synopsys Income Tax Expense History

2024101 M
202396.2 M
202283.7 M
2021137.1 M
202049.2 M
2019-25.3 M
201813.1 M

About Synopsys Financial Statements

Synopsys shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Synopsys investors may analyze each financial statement separately, they are all interrelated. The changes in Synopsys' assets and liabilities, for example, are also reflected in the revenues and expenses on on Synopsys' 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
Income Tax Expense96.2 M101 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Synopsys Stock Analysis

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