Nouveau Effective Tax Rate from 2010 to 2024

NMG Stock  USD 1.38  0.14  11.29%   
Nouveau Monde's Effective Tax Rate is decreasing over the last several years with slightly volatile swings. Effective Tax Rate is predicted to flatten to -0.0076. During the period from 2010 to 2024 Nouveau Monde Graphite Effective Tax Rate regressed destribution of quarterly values had coefficient of variationof (563.69) and r-value of (0.35). View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
(0.01)
Current Value
(0.01)
Quarterly Volatility
0.16897388
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nouveau Monde financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nouveau Monde's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.1 M, Interest Expense of 11.8 M or Selling General Administrative of 23.8 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 4.0. Nouveau financial statements analysis is a perfect complement when working with Nouveau Monde Valuation or Volatility modules.
  
Check out the analysis of Nouveau Monde Correlation against competitors.

Latest Nouveau Monde's Effective Tax Rate Growth Pattern

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

Nouveau Effective Tax Rate Regression Statistics

Arithmetic Mean(0.03)
Geometric Mean0.05
Coefficient Of Variation(563.69)
Mean Deviation0.11
Median(0.01)
Standard Deviation0.17
Sample Variance0.03
Range0.682
R-Value(0.35)
Mean Square Error0.03
R-Squared0.12
Significance0.20
Slope(0.01)
Total Sum of Squares0.40

Nouveau Effective Tax Rate History

2024 -0.007556
2023 -0.007196
2022 -0.008454
2021 -0.0101
2020 -0.069
2019 -0.13
2018 -0.54

About Nouveau Monde Financial Statements

Nouveau Monde stakeholders use historical fundamental indicators, such as Nouveau Monde's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Nouveau Monde investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nouveau Monde's assets and liabilities are reflected in the revenues and expenses on Nouveau Monde'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 Nouveau Monde Graphite. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate(0.01)(0.01)

Currently Active Assets on Macroaxis

When determining whether Nouveau Monde Graphite is a strong investment it is important to analyze Nouveau Monde'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 Nouveau Monde's future performance. For an informed investment choice regarding Nouveau Stock, refer to the following important reports:
Check out the analysis of Nouveau Monde Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Diversified Metals & Mining 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 Nouveau Monde. If investors know Nouveau 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 Nouveau Monde listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.56)
Return On Assets
(0.33)
Return On Equity
(0.77)
The market value of Nouveau Monde Graphite is measured differently than its book value, which is the value of Nouveau that is recorded on the company's balance sheet. Investors also form their own opinion of Nouveau Monde's value that differs from its market value or its book value, called intrinsic value, which is Nouveau Monde'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 Nouveau Monde's market value can be influenced by many factors that don't directly affect Nouveau Monde'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 Nouveau Monde's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nouveau Monde is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nouveau Monde'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.