Tenaya Income Tax Expense from 2010 to 2024

TNYA Stock  USD 3.29  0.33  11.15%   
Tenaya Therapeutics' Income Tax Expense is increasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 8.9 M this year. From 2010 to 2024 Tenaya Therapeutics Income Tax Expense quarterly data regression line had arithmetic mean of  651,747 and significance of  0.04. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
8.5 M
Current Value
8.9 M
Quarterly Volatility
3.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tenaya Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tenaya Therapeutics' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 7 M or Interest Income of 7 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.8. Tenaya financial statements analysis is a perfect complement when working with Tenaya Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Tenaya Therapeutics Correlation against competitors.
For information on how to trade Tenaya Stock refer to our How to Trade Tenaya Stock guide.

Latest Tenaya Therapeutics' Income Tax Expense Growth Pattern

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

Tenaya Income Tax Expense Regression Statistics

Arithmetic Mean651,747
Coefficient Of Variation514.95
Mean Deviation2,154,756
Median(453,000)
Standard Deviation3,356,189
Sample Variance11.3T
Range12M
R-Value0.54
Mean Square Error8.7T
R-Squared0.29
Significance0.04
Slope401,815
Total Sum of Squares157.7T

Tenaya Income Tax Expense History

20248.9 M
20238.5 M
2022 -1956.0
2021-3.1 M
2020-87 K

About Tenaya Therapeutics Financial Statements

Tenaya Therapeutics stakeholders use historical fundamental indicators, such as Tenaya Therapeutics' Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Tenaya Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tenaya Therapeutics' assets and liabilities are reflected in the revenues and expenses on Tenaya Therapeutics' 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 Tenaya Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense8.5 M8.9 M

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When determining whether Tenaya Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenaya Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tenaya Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenaya Therapeutics Stock:
Check out the analysis of Tenaya Therapeutics Correlation against competitors.
For information on how to trade Tenaya Stock refer to our How to Trade Tenaya Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Biotechnology 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 Tenaya Therapeutics. If investors know Tenaya 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 Tenaya Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.44)
Return On Assets
(0.46)
Return On Equity
(0.84)
The market value of Tenaya Therapeutics is measured differently than its book value, which is the value of Tenaya that is recorded on the company's balance sheet. Investors also form their own opinion of Tenaya Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Tenaya Therapeutics' 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 Tenaya Therapeutics' market value can be influenced by many factors that don't directly affect Tenaya Therapeutics' 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 Tenaya Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenaya Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenaya Therapeutics' 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.