Community Effective Tax Rate from 2010 to 2024

CHCT Stock  USD 18.89  0.04  0.21%   
Community Healthcare Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate will likely drop to 0.04 in 2024. From the period from 2010 to 2024, Community Healthcare Effective Tax Rate quarterly data regression had r-value of (0.02) and coefficient of variation of  282.77. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.03815461
Current Value
0.0362
Quarterly Volatility
0.68612799
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Community Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Community Healthcare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.8 M, Interest Expense of 18.7 M or Selling General Administrative of 28.7 M, as well as many indicators such as Price To Sales Ratio of 8.17, Dividend Yield of 0.0575 or PTB Ratio of 1.24. Community financial statements analysis is a perfect complement when working with Community Healthcare Valuation or Volatility modules.
  
Check out the analysis of Community Healthcare Correlation against competitors.

Latest Community Healthcare's Effective Tax Rate Growth Pattern

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

Community Effective Tax Rate Regression Statistics

Arithmetic Mean0.24
Geometric Mean0.08
Coefficient Of Variation282.77
Mean Deviation0.48
Median0
Standard Deviation0.69
Sample Variance0.47
Range2.6665
R-Value(0.02)
Mean Square Error0.51
R-Squared0.0004
Significance0.94
Slope(0)
Total Sum of Squares6.59

Community Effective Tax Rate History

2024 0.0362
2023 0.0382
2022 0.001859
2021 0.00737
2020 0.004176
2019 0.15
2018 -0.54

About Community Healthcare Financial Statements

Community Healthcare shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Community Healthcare investors may analyze each financial statement separately, they are all interrelated. The changes in Community Healthcare's assets and liabilities, for example, are also reflected in the revenues and expenses on on Community Healthcare'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
Effective Tax Rate 0.04  0.04 

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Additional Tools for Community Stock Analysis

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