Global Income Tax Expense from 2010 to 2024

GLBE Stock  USD 51.66  0.36  0.69%   
Global E's Income Tax Expense is decreasing over the years with very volatile fluctuation. Overall, Income Tax Expense is expected to go to about 2.1 M this year. During the period from 2010 to 2024 Global E Income Tax Expense annual values regression line had coefficient of variation of (4,928) and r-squared of  0.0001. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
M
Current Value
2.1 M
Quarterly Volatility
1.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global E financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global E's main balance sheet or income statement drivers, such as Tax Provision of 2.1 M, Net Interest Income of 5.5 M or Depreciation And Amortization of 181.3 M, as well as many indicators such as Price To Sales Ratio of 10.6, Dividend Yield of 0.0 or PTB Ratio of 6.7. Global financial statements analysis is a perfect complement when working with Global E Valuation or Volatility modules.
  
Check out the analysis of Global E Correlation against competitors.

Latest Global E's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Global E Online over the last few years. It is Global E's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global E's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

Global Income Tax Expense Regression Statistics

Arithmetic Mean(36,440)
Coefficient Of Variation(4,928)
Mean Deviation796,741
Median50,000
Standard Deviation1,795,787
Sample Variance3.2T
Range8.1M
R-Value(0.01)
Mean Square Error3.5T
R-Squared0.0001
Significance0.97
Slope(4,411)
Total Sum of Squares45.1T

Global Income Tax Expense History

20242.1 M
2023M
2022-6 M
2021705 K
2020160 K
201934 K

About Global E Financial Statements

Global E stakeholders use historical fundamental indicators, such as Global E's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Global E investors may analyze each financial statement separately, they are all interrelated. For example, changes in Global E's assets and liabilities are reflected in the revenues and expenses on Global E's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Global E Online. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax ExpenseM2.1 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Global E Online is a strong investment it is important to analyze Global E's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global E's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
Check out the analysis of Global E Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Broadline Retail 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 Global E. If investors know Global 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 Global E listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.59)
Revenue Per Share
3.814
Quarterly Revenue Growth
0.26
Return On Assets
(0.05)
Return On Equity
(0.12)
The market value of Global E Online is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global E's value that differs from its market value or its book value, called intrinsic value, which is Global E'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 Global E's market value can be influenced by many factors that don't directly affect Global E'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 Global E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global E'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.