Mesabi Income Tax Expense from 2010 to 2024

MSB Stock  USD 25.41  0.91  3.46%   
Mesabi Trust's Income Tax Expense is increasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 20 M this year. From 2010 to 2024 Mesabi Trust Income Tax Expense quarterly data regression line had arithmetic mean of (288,585) and r-squared of  0.49. View All Fundamentals
 
Income Tax Expense  
First Reported
1985-10-31
Previous Quarter
3.5 M
Current Value
5.4 M
Quarterly Volatility
2.9 M
 
Black Monday
 
Oil Shock
 
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 Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Mesabi Trust over the last few years. It is Mesabi Trust's Income Tax Expense 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 Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Mesabi Income Tax Expense Regression Statistics

Arithmetic Mean(288,585)
Geometric Mean0.00
Coefficient Of Variation(4,104)
Mean Deviation5,661,355
Median0.00
Standard Deviation11,844,329
Sample Variance140.3T
Range53.3M
R-Value0.70
Mean Square Error76.4T
R-Squared0.49
Significance0
Slope1,862,235
Total Sum of Squares1964T

Mesabi Income Tax Expense History

202420 M
202319.1 M
2022-80.3 K
2021-76.8 K
2020-77.8 K
2019-74.6 K
2018-72.5 K

About Mesabi Trust Financial Statements

Mesabi Trust stakeholders use historical fundamental indicators, such as Mesabi Trust's Income Tax Expense, 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 Tax Expense19.1 M20 M

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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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.