Bellevue Effective Tax Rate from 2010 to 2024

BLAC Stock   11.32  0.02  0.18%   
Bellevue Life's Effective Tax Rate is increasing over the years with stable fluctuation. Effective Tax Rate is expected to dwindle to 0.54. During the period from 2010 to 2024 Bellevue Life Effective Tax Rate annual values regression line had geometric mean of  6.78 and mean square error of  299.19. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.57253457
Current Value
0.54
Quarterly Volatility
16.80659858
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bellevue Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bellevue Life's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 M, Other Operating Expenses of 1.9 M or EBITDA of 991.8 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.72. Bellevue financial statements analysis is a perfect complement when working with Bellevue Life Valuation or Volatility modules.
  
Check out the analysis of Bellevue Life Correlation against competitors.

Latest Bellevue Life's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Bellevue Life Sciences over the last few years. Effective Tax Rate is the average rate at which Bellevue Life Sciences pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Bellevue Life total tax expenses by Bellevue Life earnings before taxes. It is Bellevue Life's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bellevue Life's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Pretty Stable
   Effective Tax Rate   
       Timeline  

Bellevue Effective Tax Rate Regression Statistics

Arithmetic Mean11.63
Geometric Mean6.78
Coefficient Of Variation144.57
Mean Deviation7.98
Median8.66
Standard Deviation16.81
Sample Variance282.46
Range70.9703
R-Value0.13
Mean Square Error299.19
R-Squared0.02
Significance0.65
Slope0.48
Total Sum of Squares3,954

Bellevue Effective Tax Rate History

2024 0.54
2023 0.57
2022 6.46
2021 71.51

About Bellevue Life Financial Statements

Bellevue Life stakeholders use historical fundamental indicators, such as Bellevue Life's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Bellevue Life investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bellevue Life's assets and liabilities are reflected in the revenues and expenses on Bellevue Life'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 Bellevue Life Sciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.57  0.54 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Bellevue Life Sciences is a strong investment it is important to analyze Bellevue Life'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 Bellevue Life's future performance. For an informed investment choice regarding Bellevue Stock, refer to the following important reports:
Check out the analysis of Bellevue Life Correlation against competitors.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Asset Management & Custody Banks 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 Bellevue Life. If investors know Bellevue 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 Bellevue Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.09)
Return On Assets
(0.03)
The market value of Bellevue Life Sciences is measured differently than its book value, which is the value of Bellevue that is recorded on the company's balance sheet. Investors also form their own opinion of Bellevue Life's value that differs from its market value or its book value, called intrinsic value, which is Bellevue Life'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 Bellevue Life's market value can be influenced by many factors that don't directly affect Bellevue Life'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 Bellevue Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bellevue Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bellevue Life'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.