Tarsus Effective Tax Rate from 2010 to 2024

TARS Stock  USD 50.84  1.18  2.38%   
Tarsus Pharmaceuticals 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, Tarsus Pharmaceuticals Effective Tax Rate quarterly data regression had r-value of  0.09 and coefficient of variation of (134.83). View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.000074
Current Value
0.000078
Quarterly Volatility
0.00097594
 
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Check Tarsus Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tarsus Pharmaceuticals' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 6.8 M or Depreciation And Amortization of 529.3 K, as well as many indicators such as Price To Sales Ratio of 35.81, Dividend Yield of 0.0 or PTB Ratio of 3.17. Tarsus financial statements analysis is a perfect complement when working with Tarsus Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Tarsus Pharmaceuticals Correlation against competitors.
For more information on how to buy Tarsus Stock please use our How to Invest in Tarsus Pharmaceuticals guide.

Latest Tarsus Pharmaceuticals' Effective Tax Rate Growth Pattern

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

Tarsus Effective Tax Rate Regression Statistics

Arithmetic Mean(0.0007)
Geometric Mean0.0004
Coefficient Of Variation(134.83)
Mean Deviation0.0005
Median(0.0008)
Standard Deviation0.001
Sample Variance0.00000095
Range0.0041
R-Value0.09
Mean Square Error0.00000102
R-Squared0.01
Significance0.76
Slope0.000019
Total Sum of Squares0.000013

Tarsus Effective Tax Rate History

2024 7.8E-5
2023 7.4E-5
2022 6.4E-5
2021 -0.003994
2020 -3.7E-5
2019 -2.14E-4

About Tarsus Pharmaceuticals Financial Statements

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

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Additional Tools for Tarsus Stock Analysis

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