CureVac Income Tax Expense from 2010 to 2024

CVAC Stock  USD 2.87  0.13  4.74%   
CureVac NV's Income Tax Expense is decreasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 207.9 K this year. During the period from 2010 to 2024 CureVac NV Income Tax Expense annual values regression line had geometric mean of  164,512 and mean square error of 94.6 B. View All Fundamentals
 
Income Tax Expense  
First Reported
2019-03-31
Previous Quarter
1.3 M
Current Value
32.5 M
Quarterly Volatility
7.2 M
 
Covid
Check CureVac NV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CureVac NV's main balance sheet or income statement drivers, such as Tax Provision of 70.3 K, Net Interest Income of 5.7 M or Interest Income of 13.6 M, as well as many indicators such as Price To Sales Ratio of 14.84, Dividend Yield of 0.0 or PTB Ratio of 1.54. CureVac financial statements analysis is a perfect complement when working with CureVac NV Valuation or Volatility modules.
  
Check out the analysis of CureVac NV Correlation against competitors.
For information on how to trade CureVac Stock refer to our How to Trade CureVac Stock guide.

Latest CureVac NV's Income Tax Expense Growth Pattern

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

CureVac Income Tax Expense Regression Statistics

Arithmetic Mean(32,673)
Geometric Mean164,512
Coefficient Of Variation(965.53)
Mean Deviation234,041
Median110,000
Standard Deviation315,469
Sample Variance99.5B
Range989.9K
R-Value(0.34)
Mean Square Error94.6B
R-Squared0.12
Significance0.21
Slope(24,167)
Total Sum of Squares1.4T

CureVac Income Tax Expense History

2024207.9 K
2023198 K
2022-126 K
2021-782 K
2020-726 K
2019-252 K

About CureVac NV Financial Statements

CureVac NV stakeholders use historical fundamental indicators, such as CureVac NV's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although CureVac NV investors may analyze each financial statement separately, they are all interrelated. For example, changes in CureVac NV's assets and liabilities are reflected in the revenues and expenses on CureVac NV'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 CureVac NV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense198 K207.9 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether CureVac NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CureVac NV's 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 Curevac Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Curevac Nv Stock:
Check out the analysis of CureVac NV Correlation against competitors.
For information on how to trade CureVac Stock refer to our How to Trade CureVac Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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 CureVac NV. If investors know CureVac 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 CureVac NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.5
Revenue Per Share
0.294
Quarterly Revenue Growth
0.905
Return On Assets
(0.25)
Return On Equity
(0.54)
The market value of CureVac NV is measured differently than its book value, which is the value of CureVac that is recorded on the company's balance sheet. Investors also form their own opinion of CureVac NV's value that differs from its market value or its book value, called intrinsic value, which is CureVac NV'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 CureVac NV's market value can be influenced by many factors that don't directly affect CureVac NV'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 CureVac NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if CureVac NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CureVac NV'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.