MacroGenics Income Tax Expense from 2010 to 2024

MGNX Stock  USD 3.49  0.05  1.45%   
MacroGenics Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, MacroGenics Income Tax Expense regression line of annual values had r-squared of  0.0003 and arithmetic mean of (3,054,679). View All Fundamentals
 
Income Tax Expense  
First Reported
2011-12-31
Previous Quarter
1.8 M
Current Value
-1.8 M
Quarterly Volatility
921.3 K
 
Yuan Drop
 
Covid
Check MacroGenics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MacroGenics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.3 M, Interest Expense of 1.5 M or Selling General Administrative of 37 M, as well as many indicators such as Price To Sales Ratio of 9.98, Dividend Yield of 0.0 or PTB Ratio of 4.1. MacroGenics financial statements analysis is a perfect complement when working with MacroGenics Valuation or Volatility modules.
  
Check out the analysis of MacroGenics Correlation against competitors.
For more information on how to buy MacroGenics Stock please use our How to Invest in MacroGenics guide.

Latest MacroGenics' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of MacroGenics over the last few years. It is MacroGenics' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MacroGenics' 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  

MacroGenics Income Tax Expense Regression Statistics

Arithmetic Mean(3,054,679)
Geometric Mean0.00
Coefficient Of Variation(287.00)
Mean Deviation6,420,214
Median(5,750)
Standard Deviation8,766,817
Sample Variance76.9T
Range35.3M
R-Value0.02
Mean Square Error82.7T
R-Squared0.0003
Significance0.95
Slope32,549
Total Sum of Squares1076T

MacroGenics Income Tax Expense History

202410 M
20239.5 M
2022263 K
2021-11.3 M
2020-12 M
2019-25.4 M
2018-247 K

About MacroGenics Financial Statements

MacroGenics investors use historical fundamental indicators, such as MacroGenics' Income Tax Expense, 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 MacroGenics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense9.5 M10 M

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Additional Tools for MacroGenics Stock Analysis

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