Gabelli Effective Tax Rate from 2010 to 2024

GGZ Stock  USD 12.99  0.04  0.31%   
Gabelli Global 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 2024. During the period from 2010 to 2024, Gabelli Global Effective Tax Rate regression line of annual values had r-squared of  0.73 and arithmetic mean of (0.41). View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.006
Current Value
0.0063
Quarterly Volatility
0.5428072
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gabelli Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gabelli Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.4 K, Interest Expense of 880.8 K or Selling General Administrative of 478.4 K, as well as many indicators such as Price To Sales Ratio of 8.85, Dividend Yield of 0.0801 or PTB Ratio of 0.81. Gabelli financial statements analysis is a perfect complement when working with Gabelli Global Valuation or Volatility modules.
  
Check out the analysis of Gabelli Global Correlation against competitors.

Latest Gabelli Global's Effective Tax Rate Growth Pattern

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

Gabelli Effective Tax Rate Regression Statistics

Arithmetic Mean(0.41)
Geometric Mean0.07
Coefficient Of Variation(132.50)
Mean Deviation0.51
Median(0)
Standard Deviation0.54
Sample Variance0.29
Range1.1423
R-Value0.85
Mean Square Error0.09
R-Squared0.73
Significance0.000056
Slope0.10
Total Sum of Squares4.12

Gabelli Effective Tax Rate History

2024 0.0063
2023 0.006
2022 0.006666
2021 0.0485
2020 0.091
2019 -0.00909
2018 0.00739

About Gabelli Global Financial Statements

Gabelli Global investors use historical fundamental indicators, such as Gabelli Global's 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 Gabelli Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.01  0.01 

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Additional Tools for Gabelli Stock Analysis

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