Forum Income Tax Expense from 2010 to 2024

FET Stock  USD 14.99  0.23  1.56%   
Forum Energy Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense will likely drop to about 10.3 M in 2024. From the period from 2010 to 2024, Forum Energy Income Tax Expense quarterly data regression had mean square error of 1068.6 T and mean deviation of  25,887,082. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-09-30
Previous Quarter
2.5 M
Current Value
4.6 M
Quarterly Volatility
11.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forum Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forum Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 57.6 M, Interest Expense of 28 M or Total Revenue of 758.7 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0 or PTB Ratio of 0.52. Forum financial statements analysis is a perfect complement when working with Forum Energy Valuation or Volatility modules.
  
Check out the analysis of Forum Energy Correlation against competitors.

Latest Forum Energy's Income Tax Expense Growth Pattern

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

Forum Income Tax Expense Regression Statistics

Arithmetic Mean12,214,221
Coefficient Of Variation285.94
Mean Deviation25,887,082
Median6,600,000
Standard Deviation34,925,520
Sample Variance1219.8T
Range127.4M
R-Value(0.43)
Mean Square Error1068.6T
R-Squared0.19
Significance0.11
Slope(3,372,531)
Total Sum of Squares17077.1T

Forum Income Tax Expense History

202410.3 M
202311.1 M
20226.6 M
2021700 K
2020-12.9 M
2019-1.8 M
2018-15.7 M

About Forum Energy Financial Statements

Forum Energy shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Forum Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Forum Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Forum Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense11.1 M10.3 M

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Additional Tools for Forum Stock Analysis

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