Warner Income Tax Expense from 2010 to 2024
WMG Stock | USD 31.85 0.67 2.15% |
Income Tax Expense | First Reported 2004-12-31 | Previous Quarter 30 M | Current Value -3 M | Quarterly Volatility 30.6 M |
Check Warner Music financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Warner Music's main balance sheet or income statement drivers, such as Total Revenue of 4 B, Gross Profit of 6.7 B or Other Operating Expenses of 3.8 B, as well as many indicators such as Price To Sales Ratio of 4.48, Dividend Yield of 0.0078 or PTB Ratio of 9.53. Warner financial statements analysis is a perfect complement when working with Warner Music Valuation or Volatility modules.
Warner | Income Tax Expense |
Latest Warner Music's Income Tax Expense Growth Pattern
Below is the plot of the Income Tax Expense of Warner Music Group over the last few years. It is Warner Music's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Warner Music's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense | 10 Years Trend |
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Income Tax Expense |
Timeline |
Warner Income Tax Expense Regression Statistics
Arithmetic Mean | 89,514,203 | |
Coefficient Of Variation | 159.80 | |
Mean Deviation | 115,615,150 | |
Median | 23,000,000 | |
Standard Deviation | 143,047,343 | |
Sample Variance | 20462.5T | |
Range | 559M | |
R-Value | 0.29 | |
Mean Square Error | 20196.6T | |
R-Squared | 0.08 | |
Significance | 0.30 | |
Slope | 9,242,826 | |
Total Sum of Squares | 286475.6T |
Warner Income Tax Expense History
About Warner Music Financial Statements
Warner Music stakeholders use historical fundamental indicators, such as Warner Music's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Warner Music investors may analyze each financial statement separately, they are all interrelated. For example, changes in Warner Music's assets and liabilities are reflected in the revenues and expenses on Warner Music'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 Warner Music Group. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Income Tax Expense | 153 M | 298.7 M |
Currently Active Assets on Macroaxis
When determining whether Warner Music Group is a strong investment it is important to analyze Warner Music'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 Warner Music's future performance. For an informed investment choice regarding Warner Stock, refer to the following important reports:Check out the analysis of Warner Music Correlation against competitors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Movies & Entertainment 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 Warner Music. If investors know Warner 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 Warner Music 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 0.137 | Earnings Share 0.83 | Revenue Per Share 12.343 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0742 |
The market value of Warner Music Group is measured differently than its book value, which is the value of Warner that is recorded on the company's balance sheet. Investors also form their own opinion of Warner Music's value that differs from its market value or its book value, called intrinsic value, which is Warner Music'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 Warner Music's market value can be influenced by many factors that don't directly affect Warner Music'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 Warner Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Warner Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Warner Music'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.