Goldenstone Effective Tax Rate from 2010 to 2024

GDST Stock  USD 11.30  0.10  0.89%   
Goldenstone Acquisition Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate will likely drop to 0.20 in 2024. From the period from 2010 to 2024, Goldenstone Acquisition Effective Tax Rate quarterly data regression had r-value of  0.57 and coefficient of variation of  228.04. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.27847226
Current Value
0.2
Quarterly Volatility
0.18441065
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Goldenstone Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goldenstone Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 M, Interest Expense of 1.8 M or Other Operating Expenses of 533.7 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.48. Goldenstone financial statements analysis is a perfect complement when working with Goldenstone Acquisition Valuation or Volatility modules.
  
Check out the analysis of Goldenstone Acquisition Correlation against competitors.
For more information on how to buy Goldenstone Stock please use our How to Invest in Goldenstone Acquisition guide.

Latest Goldenstone Acquisition's Effective Tax Rate Growth Pattern

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

Goldenstone Effective Tax Rate Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.01
Coefficient Of Variation228.04
Mean Deviation0.12
Median0
Standard Deviation0.18
Sample Variance0.03
Range0.6728
R-Value0.57
Mean Square Error0.02
R-Squared0.32
Significance0.03
Slope0.02
Total Sum of Squares0.48

Goldenstone Effective Tax Rate History

2024 0.2
2023 0.28
2022 0.67
2021 0.0412

About Goldenstone Acquisition Financial Statements

Goldenstone Acquisition shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Goldenstone Acquisition investors may analyze each financial statement separately, they are all interrelated. The changes in Goldenstone Acquisition's assets and liabilities, for example, are also reflected in the revenues and expenses on on Goldenstone Acquisition'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
Effective Tax Rate 0.28  0.20 

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Additional Tools for Goldenstone Stock Analysis

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