IMAC Income Tax Expense from 2010 to 2024

BACK Stock  USD 1.21  0.09  8.04%   
IMAC Holdings Income Tax Expense yearly trend continues to be quite stable with very little volatility. The value of Income Tax Expense is projected to decrease to about 1.4 M. From the period between 2010 and 2024, IMAC Holdings, Income Tax Expense regression line of its data series had sample variance of 4.9 T and sample variance of 4.9 T. View All Fundamentals
 
Income Tax Expense  
First Reported
2017-09-30
Previous Quarter
2.9 M
Current Value
-29.7 K
Quarterly Volatility
1.4 M
 
Covid
Check IMAC Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IMAC Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 383.4 K, Interest Expense of 94.1 K or Selling General Administrative of 6 K, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0 or Days Sales Outstanding of 56.09. IMAC financial statements analysis is a perfect complement when working with IMAC Holdings Valuation or Volatility modules.
  
Check out the analysis of IMAC Holdings Correlation against competitors.
For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.

Latest IMAC Holdings' Income Tax Expense Growth Pattern

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

IMAC Income Tax Expense Regression Statistics

Arithmetic Mean769,666
Coefficient Of Variation286.94
Mean Deviation1,231,702
Median(16,647)
Standard Deviation2,208,467
Sample Variance4.9T
Range9.3M
R-Value0.48
Mean Square Error4.1T
R-Squared0.23
Significance0.07
Slope235,058
Total Sum of Squares68.3T

IMAC Income Tax Expense History

20241.4 M
20231.7 M
20228.4 M
2021561.4 K
202024.4 K
2019427.2 K
2018-79.7 K

About IMAC Holdings Financial Statements

IMAC Holdings investors utilize fundamental indicators, such as Income Tax Expense, to predict how IMAC Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense1.7 M1.4 M

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When determining whether IMAC Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IMAC Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Imac Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Imac Holdings Stock:
Check out the analysis of IMAC Holdings Correlation against competitors.
For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Health Care Equipment & Supplies 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 IMAC Holdings. If investors know IMAC 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 IMAC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.81)
Revenue Per Share
7.719
Quarterly Revenue Growth
(0.59)
Return On Assets
(0.38)
Return On Equity
(3.32)
The market value of IMAC Holdings is measured differently than its book value, which is the value of IMAC that is recorded on the company's balance sheet. Investors also form their own opinion of IMAC Holdings' value that differs from its market value or its book value, called intrinsic value, which is IMAC Holdings' 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 IMAC Holdings' market value can be influenced by many factors that don't directly affect IMAC Holdings' 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 IMAC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if IMAC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMAC Holdings' 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.