Paramount Income Before Tax from 2010 to 2024

PZG Stock  USD 0.40  0.01  2.56%   
Paramount Gold's Income Before Tax is decreasing over the last several years with slightly volatile swings. Income Before Tax is predicted to flatten to about -8.4 M. During the period from 2010 to 2024 Paramount Gold Nevada Income Before Tax regressed destribution of quarterly values had mean deviationof  1,072,037 and mean square error of 1.2 T. View All Fundamentals
 
Income Before Tax  
First Reported
2005-09-30
Previous Quarter
-2.6 M
Current Value
-1.6 M
Quarterly Volatility
1.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Paramount Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paramount Gold's main balance sheet or income statement drivers, such as Interest Expense of 584.9 K, Selling General Administrative of 1.2 M or Cost Of Revenue of 679.9 K, as well as many indicators such as Price To Sales Ratio of 52.94, Dividend Yield of 0.0 or PTB Ratio of 0.43. Paramount financial statements analysis is a perfect complement when working with Paramount Gold Valuation or Volatility modules.
  
Check out the analysis of Paramount Gold Correlation against competitors.

Latest Paramount Gold's Income Before Tax Growth Pattern

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

Paramount Income Before Tax Regression Statistics

Arithmetic Mean(6,423,129)
Coefficient Of Variation(20.09)
Mean Deviation1,072,037
Median(6,068,154)
Standard Deviation1,290,625
Sample Variance1.7T
Range3.6M
R-Value(0.57)
Mean Square Error1.2T
R-Squared0.32
Significance0.03
Slope(164,214)
Total Sum of Squares23.3T

Paramount Income Before Tax History

2024-8.4 M
2023-8 M
2022-6.5 M
2021-7.6 M
2020-5.9 M
2019-6.4 M
2018-6 M

About Paramount Gold Financial Statements

Paramount Gold stakeholders use historical fundamental indicators, such as Paramount Gold's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Paramount Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Paramount Gold's assets and liabilities are reflected in the revenues and expenses on Paramount Gold'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 Paramount Gold Nevada. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax-8 M-8.4 M

Currently Active Assets on Macroaxis

When determining whether Paramount Gold Nevada is a strong investment it is important to analyze Paramount Gold'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 Paramount Gold's future performance. For an informed investment choice regarding Paramount Stock, refer to the following important reports:
Check out the analysis of Paramount Gold Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Precious Metals & Minerals 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 Paramount Gold. If investors know Paramount 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 Paramount Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.11)
Revenue Per Share
0.009
Quarterly Revenue Growth
(0.55)
Return On Assets
(0.1)
Return On Equity
(0.20)
The market value of Paramount Gold Nevada is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Gold's value that differs from its market value or its book value, called intrinsic value, which is Paramount Gold'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 Paramount Gold's market value can be influenced by many factors that don't directly affect Paramount Gold'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 Paramount Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Gold'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.