Syntec Income Before Tax from 2010 to 2024

OPTX Stock   3.50  1.56  80.41%   
Syntec Optics Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax will likely drop to about 1.1 M in 2024. During the period from 2010 to 2024, Syntec Optics Income Before Tax regression line of annual values had significance of  0.01 and arithmetic mean of  2,818,156. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
1.3 M
Current Value
1.1 M
Quarterly Volatility
1.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Syntec Optics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Syntec Optics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 434.7 K or Selling General Administrative of 6.7 M, as well as many indicators such as Price To Sales Ratio of 9.27, Dividend Yield of 8.0E-4 or PTB Ratio of 10.78. Syntec financial statements analysis is a perfect complement when working with Syntec Optics Valuation or Volatility modules.
  
Check out the analysis of Syntec Optics Correlation against competitors.

Latest Syntec Optics' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Syntec Optics Holdings over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Syntec Optics income statement and is an important metric when analyzing Syntec Optics Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Syntec Optics' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Syntec Optics' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Syntec Income Before Tax Regression Statistics

Arithmetic Mean2,818,156
Coefficient Of Variation43.28
Mean Deviation894,391
Median3,377,151
Standard Deviation1,219,582
Sample Variance1.5T
Range4M
R-Value(0.64)
Mean Square Error951.8B
R-Squared0.41
Significance0.01
Slope(173,719)
Total Sum of Squares20.8T

Syntec Income Before Tax History

20241.1 M
20231.3 M
2022-589.4 K

About Syntec Optics Financial Statements

Syntec Optics investors use historical fundamental indicators, such as Syntec Optics' Income Before Tax, 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 Syntec Optics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax1.3 M1.1 M

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Additional Tools for Syntec Stock Analysis

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