Tecnoglass Income Before Tax from 2010 to 2024

TGLS Stock  USD 84.56  0.84  1.00%   
Tecnoglass Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Tecnoglass Income Before Tax quarterly data regression had r-value of  0.79 and coefficient of variation of  130.92. View All Fundamentals
 
Income Before Tax  
First Reported
2012-03-31
Previous Quarter
47.5 M
Current Value
69.5 M
Quarterly Volatility
24.9 M
 
Yuan Drop
 
Covid
Check Tecnoglass financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tecnoglass' main balance sheet or income statement drivers, such as Depreciation And Amortization of 18 M, Interest Expense of 15.2 M or Selling General Administrative of 33.3 M, as well as many indicators such as Price To Sales Ratio of 2.74, Dividend Yield of 0.0101 or PTB Ratio of 2.65. Tecnoglass financial statements analysis is a perfect complement when working with Tecnoglass Valuation or Volatility modules.
  
Check out the analysis of Tecnoglass Correlation against competitors.
For more information on how to buy Tecnoglass Stock please use our How to Invest in Tecnoglass guide.

Latest Tecnoglass' Income Before Tax Growth Pattern

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

Tecnoglass Income Before Tax Regression Statistics

Arithmetic Mean74,006,380
Geometric Mean35,641,632
Coefficient Of Variation130.92
Mean Deviation75,727,491
Median31,008,000
Standard Deviation96,886,996
Sample Variance9387.1T
Range265.4M
R-Value0.79
Mean Square Error3828.9T
R-Squared0.62
Significance0.0005
Slope17,075,871
Total Sum of Squares131419.3T

Tecnoglass Income Before Tax History

2024274.5 M
2023261.4 M
2022231.2 M
202196.9 M
202037.2 M
201937.2 M
201814.5 M

About Tecnoglass Financial Statements

Tecnoglass shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Tecnoglass investors may analyze each financial statement separately, they are all interrelated. The changes in Tecnoglass' assets and liabilities, for example, are also reflected in the revenues and expenses on on Tecnoglass' 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 Tax261.4 M274.5 M

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Additional Tools for Tecnoglass Stock Analysis

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