Genprex Effective Tax Rate from 2010 to 2024

GNPX Stock  USD 1.05  0.02  1.94%   
Genprex 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, Genprex Effective Tax Rate regression line of annual values had r-squared of  0.47 and arithmetic mean of (0.05). View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
(0.28)
Current Value
(0.26)
Quarterly Volatility
0.1084739
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genprex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genprex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17 K, Interest Expense of 21.9 M or Selling General Administrative of 9.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.61. Genprex financial statements analysis is a perfect complement when working with Genprex Valuation or Volatility modules.
  
Check out the analysis of Genprex Correlation against competitors.
For more information on how to buy Genprex Stock please use our How to Invest in Genprex guide.

Latest Genprex's Effective Tax Rate Growth Pattern

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

Genprex Effective Tax Rate Regression Statistics

Arithmetic Mean(0.05)
Geometric Mean0.0005
Coefficient Of Variation(211.31)
Mean Deviation0.08
Median(0.000024)
Standard Deviation0.11
Sample Variance0.01
Range0.2923
R-Value(0.69)
Mean Square Error0.01
R-Squared0.47
Significance0
Slope(0.02)
Total Sum of Squares0.16

Genprex Effective Tax Rate History

2024 -0.26
2023 -0.28
2022 -0.24
2021 2.62E-4
2020 0.001048
2019 0.0123
2018 -0.002359

About Genprex Financial Statements

Genprex investors use historical fundamental indicators, such as Genprex'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 Genprex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate(0.28)(0.26)

Also Currently Popular

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.

Additional Tools for Genprex Stock Analysis

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