Helport Effective Tax Rate from 2010 to 2024

HPAIW Stock   0.16  0.01  5.88%   
Helport AI Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate will likely drop to 0.14 in 2024. During the period from 2010 to 2024, Helport AI Effective Tax Rate regression line of quarterly data had mean square error of  0.000065 and geometric mean of  0.16. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.17856691
Current Value
0.14
Quarterly Volatility
0.00783044
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Helport AI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Helport AI's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 238 K or Selling General Administrative of 2.2 M, as well as many indicators such as Price To Sales Ratio of 10.05, Dividend Yield of 0.0 or PTB Ratio of 22.78. Helport financial statements analysis is a perfect complement when working with Helport AI Valuation or Volatility modules.
  
Check out the analysis of Helport AI Correlation against competitors.

Latest Helport AI's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Helport AI Limited over the last few years. Effective Tax Rate is the average rate at which Helport AI Limited pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Helport AI total tax expenses by Helport AI earnings before taxes. It is Helport AI's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Helport AI'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  

Helport Effective Tax Rate Regression Statistics

Arithmetic Mean0.16
Geometric Mean0.16
Coefficient Of Variation4.96
Mean Deviation0
Median0.16
Standard Deviation0.01
Sample Variance0.000061
Range0.0386
R-Value0.14
Mean Square Error0.000065
R-Squared0.02
Significance0.63
Slope0.0002
Total Sum of Squares0.0009

Helport Effective Tax Rate History

2024 0.14
2023 0.18
2022 0.17

About Helport AI Financial Statements

Helport AI investors use historical fundamental indicators, such as Helport AI's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Helport AI. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.18  0.14 

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Additional Tools for Helport Stock Analysis

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