Yotta Effective Tax Rate from 2010 to 2024

YOTA Stock  USD 11.24  0.01  0.09%   
Yotta Acquisition's Effective Tax Rate is increasing over the years with slightly volatile fluctuation. Overall, Effective Tax Rate is expected to go to 0.25 this year. From 2010 to 2024 Yotta Acquisition Effective Tax Rate quarterly data regression line had arithmetic mean of  0.08 and r-squared of  0.31. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.23982399
Current Value
0.25
Quarterly Volatility
0.18710735
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Yotta Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Yotta Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 2 B or Selling General Administrative of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 5.4 K. Yotta financial statements analysis is a perfect complement when working with Yotta Acquisition Valuation or Volatility modules.
  
Check out the analysis of Yotta Acquisition Correlation against competitors.
For information on how to trade Yotta Stock refer to our How to Trade Yotta Stock guide.

Latest Yotta Acquisition's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Yotta Acquisition over the last few years. Effective Tax Rate is the average rate at which Yotta Acquisition pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Yotta Acquisition total tax expenses by Yotta Acquisition earnings before taxes. It is Yotta Acquisition's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Yotta Acquisition's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Yotta Effective Tax Rate Regression Statistics

Arithmetic Mean0.08
Geometric Mean0
Coefficient Of Variation236.80
Mean Deviation0.12
Median0
Standard Deviation0.19
Sample Variance0.04
Range0.6798
R-Value0.56
Mean Square Error0.03
R-Squared0.31
Significance0.03
Slope0.02
Total Sum of Squares0.49

Yotta Effective Tax Rate History

2024 0.25
2023 0.24
2022 0.68

About Yotta Acquisition Financial Statements

Yotta Acquisition stakeholders use historical fundamental indicators, such as Yotta Acquisition's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Yotta Acquisition investors may analyze each financial statement separately, they are all interrelated. For example, changes in Yotta Acquisition's assets and liabilities are reflected in the revenues and expenses on Yotta Acquisition'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 Yotta Acquisition. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.24  0.25 

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When determining whether Yotta Acquisition is a strong investment it is important to analyze Yotta Acquisition'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 Yotta Acquisition's future performance. For an informed investment choice regarding Yotta Stock, refer to the following important reports:
Check out the analysis of Yotta Acquisition Correlation against competitors.
For information on how to trade Yotta Stock refer to our How to Trade Yotta Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Asset Management & Custody Banks 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 Yotta Acquisition. If investors know Yotta 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 Yotta Acquisition 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
1.177
Earnings Share
0.22
Return On Assets
(0.01)
The market value of Yotta Acquisition is measured differently than its book value, which is the value of Yotta that is recorded on the company's balance sheet. Investors also form their own opinion of Yotta Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Yotta Acquisition'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 Yotta Acquisition's market value can be influenced by many factors that don't directly affect Yotta Acquisition'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 Yotta Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yotta Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yotta Acquisition'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.