Envirotech Income Before Tax from 2010 to 2024

EVTV Stock  USD 1.33  0.12  8.28%   
Envirotech Vehicles Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax will likely drop to about -13.3 M in 2024. During the period from 2010 to 2024, Envirotech Vehicles Income Before Tax regression line of quarterly data had r-squared of  0.07 and coefficient of variation of (57.17). View All Fundamentals
 
Income Before Tax  
First Reported
2017-03-31
Previous Quarter
-755.1 K
Current Value
-1.2 M
Quarterly Volatility
10.3 M
 
Covid
Check Envirotech Vehicles financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Envirotech Vehicles' main balance sheet or income statement drivers, such as Interest Expense of 5.3 B, Selling General Administrative of 6.9 M or Total Revenue of 5.1 M, as well as many indicators such as Price To Sales Ratio of 6.8, Dividend Yield of 0.0 or PTB Ratio of 1.04. Envirotech financial statements analysis is a perfect complement when working with Envirotech Vehicles Valuation or Volatility modules.
  
Check out the analysis of Envirotech Vehicles Correlation against competitors.
For more information on how to buy Envirotech Stock please use our How to Invest in Envirotech Vehicles guide.

Latest Envirotech Vehicles' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Envirotech Vehicles over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Envirotech Vehicles income statement and is an important metric when analyzing Envirotech Vehicles profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Envirotech Vehicles' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Envirotech Vehicles' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Envirotech Income Before Tax Regression Statistics

Arithmetic Mean(17,936,369)
Coefficient Of Variation(57.17)
Mean Deviation7,676,912
Median(21,900,000)
Standard Deviation10,254,771
Sample Variance105.2T
Range43.4M
R-Value0.27
Mean Square Error105.1T
R-Squared0.07
Significance0.33
Slope616,243
Total Sum of Squares1472.2T

Envirotech Income Before Tax History

2024-13.3 M
2023-12.7 M
2022-43.8 M
2021-7.4 M
2020-406.8 K
2019-5.2 M
2018-11 M

About Envirotech Vehicles Financial Statements

Envirotech Vehicles investors use historical fundamental indicators, such as Envirotech Vehicles' Income Before Tax, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Envirotech Vehicles. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax-12.7 M-13.3 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Envirotech Stock Analysis

When running Envirotech Vehicles' price analysis, check to measure Envirotech Vehicles' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Envirotech Vehicles is operating at the current time. Most of Envirotech Vehicles' value examination focuses on studying past and present price action to predict the probability of Envirotech Vehicles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envirotech Vehicles' price. Additionally, you may evaluate how the addition of Envirotech Vehicles to your portfolios can decrease your overall portfolio volatility.