VCI Income Tax Expense from 2010 to 2024

VCIG Stock   1.98  0.17  7.91%   
VCI Global's Income Tax Expense is decreasing over the last several years with stable swings. Income Tax Expense is estimated to finish at about -588.7 K this year. During the period from 2010 to 2024 VCI Global Limited Income Tax Expense regressed destribution of quarterly values had mean deviationof  1,277,860 and mean square error of 7.3 T. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
-619.7 K
Current Value
-588.7 K
Quarterly Volatility
2.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check VCI Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VCI Global's main balance sheet or income statement drivers, such as Net Interest Income of 1.8 M, Interest Income of 2 M or Depreciation And Amortization of 780.1 K, as well as many indicators such as Price To Sales Ratio of 185, Dividend Yield of 0.0 or PTB Ratio of 173. VCI financial statements analysis is a perfect complement when working with VCI Global Valuation or Volatility modules.
  
Check out the analysis of VCI Global Correlation against competitors.

Latest VCI Global's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of VCI Global Limited over the last few years. It is VCI Global's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VCI Global's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

VCI Income Tax Expense Regression Statistics

Arithmetic Mean594,853
Coefficient Of Variation444.65
Mean Deviation1,277,860
Median872,882
Standard Deviation2,645,026
Sample Variance7T
Range13.7M
R-Value(0.19)
Mean Square Error7.3T
R-Squared0.04
Significance0.50
Slope(112,556)
Total Sum of Squares97.9T

VCI Income Tax Expense History

2024-588.7 K
2023-619.7 K
2022-6.6 M
20217.1 M

About VCI Global Financial Statements

VCI Global stakeholders use historical fundamental indicators, such as VCI Global's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although VCI Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in VCI Global's assets and liabilities are reflected in the revenues and expenses on VCI Global's 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 VCI Global Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense-619.7 K-588.7 K

Currently Active Assets on Macroaxis

When determining whether VCI Global Limited is a strong investment it is important to analyze VCI Global'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 VCI Global's future performance. For an informed investment choice regarding VCI Stock, refer to the following important reports:
Check out the analysis of VCI Global Correlation against competitors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Environmental & Facilities Services 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 VCI Global. If investors know VCI 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 VCI Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Earnings Share
8.54
Revenue Per Share
96.7
Quarterly Revenue Growth
0.456
Return On Assets
0.1441
The market value of VCI Global Limited is measured differently than its book value, which is the value of VCI that is recorded on the company's balance sheet. Investors also form their own opinion of VCI Global's value that differs from its market value or its book value, called intrinsic value, which is VCI Global'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 VCI Global's market value can be influenced by many factors that don't directly affect VCI Global'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 VCI Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if VCI Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VCI Global'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.