Fossil Effective Tax Rate from 2010 to 2024
FOSL Stock | USD 1.81 0.10 5.85% |
Effective Tax Rate | First Reported 2010-12-31 | Previous Quarter (1.11) | Current Value (1.06) | Quarterly Volatility 0.62706446 |
Check Fossil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fossil's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.1 M, Interest Expense of 22.9 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.0064 or PTB Ratio of 0.61. Fossil financial statements analysis is a perfect complement when working with Fossil Valuation or Volatility modules.
Fossil | Effective Tax Rate |
Latest Fossil's Effective Tax Rate Growth Pattern
Below is the plot of the Effective Tax Rate of Fossil Group over the last few years. Effective Tax Rate is the average rate at which Fossil Group pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Fossil total tax expenses by Fossil earnings before taxes. It is Fossil's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fossil's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate | 10 Years Trend |
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Effective Tax Rate |
Timeline |
Fossil Effective Tax Rate Regression Statistics
Arithmetic Mean | 0.16 | |
Coefficient Of Variation | 403.07 | |
Mean Deviation | 0.48 | |
Median | 0.50 | |
Standard Deviation | 0.63 | |
Sample Variance | 0.39 | |
Range | 1.6091 | |
R-Value | (0.66) | |
Mean Square Error | 0.24 | |
R-Squared | 0.44 | |
Significance | 0.01 | |
Slope | (0.09) | |
Total Sum of Squares | 5.50 |
Fossil Effective Tax Rate History
About Fossil Financial Statements
Fossil investors utilize fundamental indicators, such as Effective Tax Rate, to predict how Fossil 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 Reported | Projected for Next Year | ||
Effective Tax Rate | (1.11) | (1.06) |
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Is Apparel, Accessories & Luxury Goods 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 Fossil. If investors know Fossil 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 Fossil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.82) | Earnings Share (2.33) | Revenue Per Share 23.195 | Quarterly Revenue Growth (0.16) | Return On Assets (0.04) |
The market value of Fossil Group is measured differently than its book value, which is the value of Fossil that is recorded on the company's balance sheet. Investors also form their own opinion of Fossil's value that differs from its market value or its book value, called intrinsic value, which is Fossil'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 Fossil's market value can be influenced by many factors that don't directly affect Fossil'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 Fossil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fossil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fossil'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.