In8bio Income Tax Expense from 2010 to 2024

INAB Stock  USD 0.30  0.01  3.23%   
In8bio's Income Tax Expense is decreasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is projected to go to about -31.2 M this year. From 2010 to 2024 In8bio Income Tax Expense quarterly data regression line had arithmetic mean of (4,355,930) and r-squared of  0.35. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
-32.8 M
Current Value
-31.2 M
Quarterly Volatility
11.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check In8bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among In8bio's main balance sheet or income statement drivers, such as Net Interest Income of 0.0, Depreciation And Amortization of 1.9 M or Interest Expense of 1.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.74. In8bio financial statements analysis is a perfect complement when working with In8bio Valuation or Volatility modules.
  
Check out the analysis of In8bio Correlation against competitors.

Latest In8bio's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of In8bio Inc over the last few years. It is In8bio's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in In8bio's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

In8bio Income Tax Expense Regression Statistics

Arithmetic Mean(4,355,930)
Geometric Mean211,969
Coefficient Of Variation(258.02)
Mean Deviation7,376,299
Median(63,000)
Standard Deviation11,239,262
Sample Variance126.3T
Range33.4M
R-Value(0.59)
Mean Square Error88.2T
R-Squared0.35
Significance0.02
Slope(1,491,071)
Total Sum of Squares1768.5T

In8bio Income Tax Expense History

2024-31.2 M
2023-32.8 M
2022-1.1 M
2021551.4 K
2020-118.3 K
2019-68 K

About In8bio Financial Statements

In8bio stakeholders use historical fundamental indicators, such as In8bio's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although In8bio investors may analyze each financial statement separately, they are all interrelated. For example, changes in In8bio's assets and liabilities are reflected in the revenues and expenses on In8bio'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 In8bio Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense-32.8 M-31.2 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 In8bio Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of In8bio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of In8bio Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on In8bio Inc Stock:
Check out the analysis of In8bio Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Biotechnology 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 In8bio. If investors know In8bio 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 In8bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.74)
Return On Assets
(0.78)
Return On Equity
(1.80)
The market value of In8bio Inc is measured differently than its book value, which is the value of In8bio that is recorded on the company's balance sheet. Investors also form their own opinion of In8bio's value that differs from its market value or its book value, called intrinsic value, which is In8bio'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 In8bio's market value can be influenced by many factors that don't directly affect In8bio'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 In8bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if In8bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, In8bio'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.