PermRock Income Before Tax from 2010 to 2024

PRT Stock  USD 3.64  0.07  1.96%   
PermRock Royalty Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax will likely drop to about 6 M in 2024. From the period from 2010 to 2024, PermRock Royalty Income Before Tax quarterly data regression had r-value of  0.78 and coefficient of variation of  934.99. View All Fundamentals
 
Income Before Tax  
First Reported
2018-03-31
Previous Quarter
1.4 M
Current Value
1.3 M
Quarterly Volatility
1.5 M
 
Covid
Check PermRock Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PermRock Royalty's main balance sheet or income statement drivers, such as Net Interest Income of 11.2 K, Depreciation And Amortization of 970.1 K or Interest Expense of 0.0, as well as many indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0 or PTB Ratio of 1.29. PermRock financial statements analysis is a perfect complement when working with PermRock Royalty Valuation or Volatility modules.
  
Check out the analysis of PermRock Royalty Correlation against competitors.

Latest PermRock Royalty's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of PermRock Royalty Trust over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on PermRock Royalty income statement and is an important metric when analyzing PermRock Royalty Trust 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 PermRock Royalty's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PermRock Royalty's 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  

PermRock Income Before Tax Regression Statistics

Arithmetic Mean842,235
Geometric Mean6,184,952
Coefficient Of Variation934.99
Mean Deviation6,985,083
Median(2,402,407)
Standard Deviation7,874,776
Sample Variance62T
Range21.8M
R-Value0.78
Mean Square Error26.6T
R-Squared0.60
Significance0.0007
Slope1,366,509
Total Sum of Squares868.2T

PermRock Income Before Tax History

2024M
20236.3 M
202212.3 M
20217.4 M
20201.9 M
20198.8 M
201815.6 M

About PermRock Royalty Financial Statements

PermRock Royalty shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although PermRock Royalty investors may analyze each financial statement separately, they are all interrelated. The changes in PermRock Royalty's assets and liabilities, for example, are also reflected in the revenues and expenses on on PermRock Royalty's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax6.3 MM

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Additional Tools for PermRock Stock Analysis

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