Strattec Income Tax Expense from 2010 to 2024

STRT Stock  USD 41.25  0.30  0.72%   
Strattec Security Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense will likely drop to about 3.7 M in 2024. From the period from 2010 to 2024, Strattec Security Income Tax Expense quarterly data regression had r-value of (0.38) and coefficient of variation of  132.78. View All Fundamentals
 
Income Tax Expense  
First Reported
1994-09-30
Previous Quarter
1.6 M
Current Value
1.5 M
Quarterly Volatility
1.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Strattec Security financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Strattec Security's main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.8 M, Total Revenue of 313.7 M or Gross Profit of 51.9 M, as well as many indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 0.0252 or PTB Ratio of 0.47. Strattec financial statements analysis is a perfect complement when working with Strattec Security Valuation or Volatility modules.
  
Check out the analysis of Strattec Security Correlation against competitors.
For more information on how to buy Strattec Stock please use our How to Invest in Strattec Security guide.

Latest Strattec Security's Income Tax Expense Growth Pattern

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

Strattec Income Tax Expense Regression Statistics

Arithmetic Mean3,159,339
Geometric Mean3,600,532
Coefficient Of Variation132.78
Mean Deviation2,937,559
Median3,775,000
Standard Deviation4,194,998
Sample Variance17.6T
Range17.1M
R-Value(0.38)
Mean Square Error16.3T
R-Squared0.14
Significance0.17
Slope(353,562)
Total Sum of Squares246.4T

Strattec Income Tax Expense History

20243.7 M
20233.8 M
20221.3 M
2021420 K
20205.1 M
2019-2.3 M
2018-7.7 M

About Strattec Security Financial Statements

Strattec Security shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Strattec Security investors may analyze each financial statement separately, they are all interrelated. The changes in Strattec Security's assets and liabilities, for example, are also reflected in the revenues and expenses on on Strattec Security'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
Income Tax Expense3.8 M3.7 M

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Additional Tools for Strattec Stock Analysis

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