Edgewise Effective Tax Rate from 2010 to 2025

EWTX Stock  USD 22.26  1.11  4.75%   
Edgewise Therapeutics Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2025. During the period from 2010 to 2025, Edgewise Therapeutics Effective Tax Rate regression line of annual values had r-squared of  0.53 and arithmetic mean of  0.07. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.19
Current Value
0.2
Quarterly Volatility
0.08095119
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Edgewise Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Edgewise Therapeutics' main balance sheet or income statement drivers, such as Net Interest Income of 26.3 M, Interest Income of 26.3 M or Depreciation And Amortization of 2.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 5.64. Edgewise financial statements analysis is a perfect complement when working with Edgewise Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Edgewise Therapeutics Correlation against competitors.
For more information on how to buy Edgewise Stock please use our How to Invest in Edgewise Therapeutics guide.

Latest Edgewise Therapeutics' Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Edgewise Therapeutics over the last few years. Effective Tax Rate is the average rate at which Edgewise Therapeutics pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Edgewise Therapeutics total tax expenses by Edgewise Therapeutics earnings before taxes. It is Edgewise Therapeutics' Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Edgewise Therapeutics' 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  

Edgewise Effective Tax Rate Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.03
Coefficient Of Variation123.43
Mean Deviation0.07
Median0.02
Standard Deviation0.08
Sample Variance0.01
Range0.2029
R-Value0.73
Mean Square Error0
R-Squared0.53
Significance0
Slope0.01
Total Sum of Squares0.1

Edgewise Effective Tax Rate History

2025 0.2
2024 0.19
2022 0.21
2021 0.0157
2020 0.00403

About Edgewise Therapeutics Financial Statements

Edgewise Therapeutics investors use historical fundamental indicators, such as Edgewise Therapeutics' Effective Tax Rate, 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 Edgewise Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.19  0.20 

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Additional Tools for Edgewise Stock Analysis

When running Edgewise Therapeutics' price analysis, check to measure Edgewise Therapeutics' 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 Edgewise Therapeutics is operating at the current time. Most of Edgewise Therapeutics' value examination focuses on studying past and present price action to predict the probability of Edgewise Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edgewise Therapeutics' price. Additionally, you may evaluate how the addition of Edgewise Therapeutics to your portfolios can decrease your overall portfolio volatility.