Mesabi Income Before Tax from 2010 to 2024

MSB Stock  USD 25.41  0.91  3.46%   
Mesabi Trust's Income Before Tax is increasing over the years with stable fluctuation. Overall, Income Before Tax is expected to go to about 23.2 M this year. From 2010 to 2024 Mesabi Trust Income Before Tax quarterly data regression line had arithmetic mean of  25,448,653 and r-squared of  0.03. View All Fundamentals
 
Income Before Tax  
First Reported
1995-10-31
Previous Quarter
5.4 M
Current Value
78.3 M
Quarterly Volatility
8.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mesabi Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mesabi Trust's main balance sheet or income statement drivers, such as Interest Expense of 545.9 K, Total Revenue of 17.1 M or Gross Profit of 17.1 M, as well as many indicators such as Price To Sales Ratio of 17.05, Dividend Yield of 0.017 or PTB Ratio of 11.59. Mesabi financial statements analysis is a perfect complement when working with Mesabi Trust Valuation or Volatility modules.
  
Check out the analysis of Mesabi Trust Correlation against competitors.
For information on how to trade Mesabi Stock refer to our How to Trade Mesabi Stock guide.

Latest Mesabi Trust's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Mesabi Trust over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Mesabi Trust income statement and is an important metric when analyzing Mesabi Trust 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 Mesabi Trust's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mesabi Trust's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Mesabi Income Before Tax Regression Statistics

Arithmetic Mean25,448,653
Geometric Mean20,199,977
Coefficient Of Variation65.42
Mean Deviation11,867,215
Median23,407,647
Standard Deviation16,648,357
Sample Variance277.2T
Range63.8M
R-Value0.17
Mean Square Error289.5T
R-Squared0.03
Significance0.54
Slope646,510
Total Sum of Squares3880.3T

Mesabi Income Before Tax History

202423.2 M
202319 M
20225.3 M
202168.8 M
202023.4 M
201930.1 M
201845.6 M

About Mesabi Trust Financial Statements

Mesabi Trust stakeholders use historical fundamental indicators, such as Mesabi Trust's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Mesabi Trust investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mesabi Trust's assets and liabilities are reflected in the revenues and expenses on Mesabi Trust'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 Mesabi Trust. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax19 M23.2 M

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 Mesabi Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mesabi Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mesabi Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mesabi Trust Stock:
Check out the analysis of Mesabi Trust Correlation against competitors.
For information on how to trade Mesabi Stock refer to our How to Trade Mesabi Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Metals & Mining 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 Mesabi Trust. If investors know Mesabi 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 Mesabi Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.405
Dividend Share
1.31
Earnings Share
1.35
Revenue Per Share
2.078
Quarterly Revenue Growth
2.381
The market value of Mesabi Trust is measured differently than its book value, which is the value of Mesabi that is recorded on the company's balance sheet. Investors also form their own opinion of Mesabi Trust's value that differs from its market value or its book value, called intrinsic value, which is Mesabi Trust'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 Mesabi Trust's market value can be influenced by many factors that don't directly affect Mesabi Trust'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 Mesabi Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesabi Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesabi Trust'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.