MKDWELL Effective Tax Rate from 2010 to 2024

MKDW Stock   0.84  0.12  12.50%   
MKDWELL Tech Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate will likely drop to -0.39 in 2024. During the period from 2010 to 2024, MKDWELL Tech Effective Tax Rate regression line of quarterly data had r-squared of  0.48 and coefficient of variation of (10.78). View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
(0.37)
Current Value
(0.39)
Quarterly Volatility
0.05307254
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MKDWELL Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MKDWELL Tech's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 451.1 K or Interest Expense of 250.3 K, as well as many indicators such as Price To Sales Ratio of 57.86, Dividend Yield of 0.0 or PTB Ratio of 319. MKDWELL financial statements analysis is a perfect complement when working with MKDWELL Tech Valuation or Volatility modules.
  
Check out the analysis of MKDWELL Tech Correlation against competitors.

Latest MKDWELL Tech's Effective Tax Rate Growth Pattern

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

MKDWELL Effective Tax Rate Regression Statistics

Arithmetic Mean(0.49)
Coefficient Of Variation(10.78)
Mean Deviation0.04
Median(0.52)
Standard Deviation0.05
Sample Variance0
Range0.1476
R-Value0.69
Mean Square Error0
R-Squared0.48
Significance0
Slope0.01
Total Sum of Squares0.04

MKDWELL Effective Tax Rate History

2024 -0.39
2023 -0.37
2022 -0.41

About MKDWELL Tech Financial Statements

MKDWELL Tech investors use historical fundamental indicators, such as MKDWELL Tech'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 MKDWELL Tech. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate(0.37)(0.39)

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Additional Tools for MKDWELL Stock Analysis

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