Sonnet Income Tax Expense from 2010 to 2024

SONN Stock  USD 1.61  0.11  6.40%   
Sonnet Biotherapeutics Income Tax Expense yearly trend continues to be very stable with very little volatility. Income Tax Expense is likely to drop to about 154.7 K. During the period from 2010 to 2024, Sonnet Biotherapeutics Income Tax Expense quarterly data regression pattern had sample variance of 112 B and median of  40,077. View All Fundamentals
 
Income Tax Expense  
First Reported
2006-09-30
Previous Quarter
4
Current Value
1
Quarterly Volatility
1.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sonnet Biotherapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sonnet Biotherapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 M, Interest Expense of 2.4 M or Selling General Administrative of 2.4 M, as well as many indicators such as Price To Sales Ratio of 1.12, Dividend Yield of 0.0 or PTB Ratio of 5.12. Sonnet financial statements analysis is a perfect complement when working with Sonnet Biotherapeutics Valuation or Volatility modules.
  
Check out the analysis of Sonnet Biotherapeutics Correlation against competitors.

Latest Sonnet Biotherapeutics' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Sonnet Biotherapeutics Holdings over the last few years. It is Sonnet Biotherapeutics' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sonnet Biotherapeutics' 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  

Sonnet Income Tax Expense Regression Statistics

Arithmetic Mean(164,639)
Geometric Mean141,158
Coefficient Of Variation(203.29)
Mean Deviation293,282
Median40,077
Standard Deviation334,695
Sample Variance112B
Range864.1K
R-Value0.28
Mean Square Error111.5B
R-Squared0.08
Significance0.32
Slope20,641
Total Sum of Squares1.6T

Sonnet Income Tax Expense History

2024154.7 K
202240.1 K
202152.5 K
202022 K
2019162.9 K
2017-701.2 K
2016-644.4 K

About Sonnet Biotherapeutics Financial Statements

Sonnet Biotherapeutics investors utilize fundamental indicators, such as Income Tax Expense, to predict how Sonnet Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense162.9 K154.7 K
When determining whether Sonnet Biotherapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonnet Biotherapeutics' 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 Sonnet Biotherapeutics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonnet Biotherapeutics Holdings Stock:
Check out the analysis of Sonnet Biotherapeutics Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Biotechnology 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 Sonnet Biotherapeutics. If investors know Sonnet 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 Sonnet Biotherapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.96)
Revenue Per Share
0.019
Quarterly Revenue Growth
(0.50)
Return On Assets
(0.97)
Return On Equity
(2.65)
The market value of Sonnet Biotherapeutics is measured differently than its book value, which is the value of Sonnet that is recorded on the company's balance sheet. Investors also form their own opinion of Sonnet Biotherapeutics' value that differs from its market value or its book value, called intrinsic value, which is Sonnet Biotherapeutics' 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 Sonnet Biotherapeutics' market value can be influenced by many factors that don't directly affect Sonnet Biotherapeutics' 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 Sonnet Biotherapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonnet Biotherapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonnet Biotherapeutics' 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.