Logility Effective Tax Rate from 2010 to 2024

LGTY Stock   11.29  0.01  0.09%   
Logility Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2024. During the period from 2010 to 2024, Logility Effective Tax Rate regression line of annual values had r-squared of  0.39 and arithmetic mean of  0.22. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.16308383
Current Value
0.29
Quarterly Volatility
0.1165563
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Logility financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Logility's main balance sheet or income statement drivers, such as Tax Provision of 1.5 M, Net Interest Income of 4 M or Interest Income of 4 M, as well as many indicators such as Price To Sales Ratio of 2.41, Dividend Yield of 0.0453 or PTB Ratio of 2.35. Logility financial statements analysis is a perfect complement when working with Logility Valuation or Volatility modules.
  
Check out the analysis of Logility Correlation against competitors.
For more information on how to buy Logility Stock please use our How to Invest in Logility guide.

Latest Logility's Effective Tax Rate Growth Pattern

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

Logility Effective Tax Rate Regression Statistics

Arithmetic Mean0.22
Geometric Mean0.17
Coefficient Of Variation52.61
Mean Deviation0.1
Median0.23
Standard Deviation0.12
Sample Variance0.01
Range0.3419
R-Value(0.62)
Mean Square Error0.01
R-Squared0.39
Significance0.01
Slope(0.02)
Total Sum of Squares0.19

Logility Effective Tax Rate History

2024 0.29
2023 0.16
2022 0.18
2021 0.0459
2020 0.0858
2019 0.008238
2018 0.11

About Logility Financial Statements

Logility investors use historical fundamental indicators, such as Logility'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 Logility. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.16  0.29 

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Additional Tools for Logility Stock Analysis

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