JJSF Effective Tax Rate from 2010 to 2024

JJSF Stock  USD 171.47  1.18  0.68%   
J J's Effective Tax Rate is decreasing over the last several years with slightly volatile swings. Effective Tax Rate is predicted to flatten to 0.27. During the period from 2010 to 2024 J J Snack Effective Tax Rate regressed destribution of quarterly values had coefficient of variationof  19.48 and r-value of (0.75). View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.2723566
Current Value
0.26608628
Quarterly Volatility
0.05645486
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check J J financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among J J's main balance sheet or income statement drivers, such as Depreciation And Amortization of 74.1 M, Interest Expense of 1.2 M or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 2.02, Dividend Yield of 0.0171 or PTB Ratio of 3.46. JJSF financial statements analysis is a perfect complement when working with J J Valuation or Volatility modules.
  
Check out the analysis of J J Correlation against competitors.

Latest J J's Effective Tax Rate Growth Pattern

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

JJSF Effective Tax Rate Regression Statistics

Arithmetic Mean0.29
Geometric Mean0.28
Coefficient Of Variation19.48
Mean Deviation0.05
Median0.27
Standard Deviation0.06
Sample Variance0
Range0.1419
R-Value(0.75)
Mean Square Error0
R-Squared0.57
Significance0
Slope(0.01)
Total Sum of Squares0.04

JJSF Effective Tax Rate History

2022 0.27
2016 0.24
2011 0.35
2010 0.38

About J J Financial Statements

J J stakeholders use historical fundamental indicators, such as J J's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although J J investors may analyze each financial statement separately, they are all interrelated. For example, changes in J J's assets and liabilities are reflected in the revenues and expenses on J J'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 J J Snack. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.27  0.27 

Currently Active Assets on Macroaxis

When determining whether J J Snack is a strong investment it is important to analyze J J'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 J J's future performance. For an informed investment choice regarding JJSF Stock, refer to the following important reports:
Check out the analysis of J J Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Packaged Foods & Meats 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 J J. If investors know JJSF 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 J J listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Earnings Share
4.45
Revenue Per Share
81.219
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0556
The market value of J J Snack is measured differently than its book value, which is the value of JJSF that is recorded on the company's balance sheet. Investors also form their own opinion of J J's value that differs from its market value or its book value, called intrinsic value, which is J J'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 J J's market value can be influenced by many factors that don't directly affect J J'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 J J's value and its price as these two are different measures arrived at by different means. Investors typically determine if J J is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, J J'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.