OFS Income Tax Expense from 2010 to 2024

OCCI Stock  USD 7.11  0.01  0.14%   
OFS Credit's Income Tax Expense is increasing with stable movements from year to year. Income Tax Expense is predicted to flatten to about 124.4 K. For the period between 2010 and 2024, OFS Credit, Income Tax Expense quarterly trend regression had mean deviation of  1,683,992 and range of 6.5 M. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
130.9 K
Current Value
124.4 K
Quarterly Volatility
2.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OFS Credit financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OFS Credit's main balance sheet or income statement drivers, such as Interest Income of 37.1 M, Interest Expense of 2.5 M or Selling General Administrative of 2.2 M, as well as many indicators such as Price To Sales Ratio of 47.4, Dividend Yield of 0.084 or PTB Ratio of 0.51. OFS financial statements analysis is a perfect complement when working with OFS Credit Valuation or Volatility modules.
  
Check out the analysis of OFS Credit Correlation against competitors.
For more detail on how to invest in OFS Stock please use our How to Invest in OFS Credit guide.

Latest OFS Credit's Income Tax Expense Growth Pattern

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

OFS Income Tax Expense Regression Statistics

Arithmetic Mean1,103,702
Geometric Mean0.00
Coefficient Of Variation201.09
Mean Deviation1,683,992
Median0.00
Standard Deviation2,219,430
Sample Variance4.9T
Range6.5M
R-Value0.27
Mean Square Error4.9T
R-Squared0.07
Significance0.33
Slope133,199
Total Sum of Squares69T

OFS Income Tax Expense History

2024124.4 K
2023130.9 K
2022145.5 K
2021213.8 K
20206.5 M
20195.1 M
20184.3 M

About OFS Credit Financial Statements

Investors use fundamental indicators, such as OFS Credit's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although OFS Credit's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense130.9 K124.4 K

Currently Active Assets on Macroaxis

When determining whether OFS Credit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OFS Credit'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 Ofs Credit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ofs Credit Stock:
Check out the analysis of OFS Credit Correlation against competitors.
For more detail on how to invest in OFS Stock please use our How to Invest in OFS Credit guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Asset Management & Custody Banks 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 OFS Credit. If investors know OFS 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 OFS Credit 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
4.279
Dividend Share
1.465
Earnings Share
0.68
Revenue Per Share
1.976
Quarterly Revenue Growth
0.031
The market value of OFS Credit is measured differently than its book value, which is the value of OFS that is recorded on the company's balance sheet. Investors also form their own opinion of OFS Credit's value that differs from its market value or its book value, called intrinsic value, which is OFS Credit'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 OFS Credit's market value can be influenced by many factors that don't directly affect OFS Credit'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 OFS Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if OFS Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OFS Credit'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.