Hercules Effective Tax Rate from 2010 to 2024

HCXY Stock  USD 25.02  0.03  0.12%   
Hercules Capital 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, Hercules Capital Effective Tax Rate regression line of annual values had significance of  0.01 and arithmetic mean of  0.02. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
(0.62)
Current Value
(0.59)
Quarterly Volatility
0.49448729
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hercules Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hercules Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 180.5 K, Selling General Administrative of 15.2 M or Other Operating Expenses of 69.4 M, as well as many indicators such as Price To Sales Ratio of 5.25, Dividend Yield of 0.0734 or PTB Ratio of 0.87. Hercules financial statements analysis is a perfect complement when working with Hercules Capital Valuation or Volatility modules.
  
Check out the analysis of Hercules Capital Correlation against competitors.
For more information on how to buy Hercules Stock please use our How to Invest in Hercules Capital guide.

Latest Hercules Capital's Effective Tax Rate Growth Pattern

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

Hercules Effective Tax Rate Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation2,119
Mean Deviation0.44
Median0.0005
Standard Deviation0.49
Sample Variance0.24
Range1.3516
R-Value(0.66)
Mean Square Error0.15
R-Squared0.44
Significance0.01
Slope(0.07)
Total Sum of Squares3.42

Hercules Effective Tax Rate History

2024 -0.59
2023 -0.62
2022 -0.54
2021 -0.34
2020 -0.26
2019 -0.31
2018 4.95E-4

About Hercules Capital Financial Statements

Hercules Capital investors use historical fundamental indicators, such as Hercules Capital'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 Hercules Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate(0.62)(0.59)

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Additional Tools for Hercules Stock Analysis

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