National Effective Tax Rate from 2010 to 2024

NHI Stock  USD 69.85  1.01  1.47%   
National Health's Effective Tax Rate is increasing with slightly volatile movements from year to year. Effective Tax Rate is estimated to finish at 0.61 this year. For the period between 2010 and 2024, National Health, Effective Tax Rate quarterly trend regression had median of  0.25 and r-value of  0.79. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.58
Current Value
0.61
Quarterly Volatility
0.29994285
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.5 M, Interest Expense of 58.3 M or Total Revenue of 170.8 M, as well as many indicators such as Price To Sales Ratio of 7.26, Dividend Yield of 0.0868 or PTB Ratio of 1.84. National financial statements analysis is a perfect complement when working with National Health Valuation or Volatility modules.
  
Check out the analysis of National Health Correlation against competitors.

Latest National Health's Effective Tax Rate Growth Pattern

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

National Effective Tax Rate Regression Statistics

Arithmetic Mean0.20
Coefficient Of Variation149.79
Mean Deviation0.25
Median0.25
Standard Deviation0.30
Sample Variance0.09
Range0.8854
R-Value0.79
Mean Square Error0.04
R-Squared0.63
Significance0.0004
Slope0.05
Total Sum of Squares1.26

National Effective Tax Rate History

2024 0.61
2023 0.58
2022 0.65
2021 0.44
2020 0.27
2019 0.35
2018 -0.0594

About National Health Financial Statements

Investors use fundamental indicators, such as National Health's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although National Health's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Effective Tax Rate 0.58  0.61 

Currently Active Assets on Macroaxis

When determining whether National Health Investors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Health'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 National Health Investors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Health Investors Stock:
Check out the analysis of National Health Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified REITs 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 National Health. If investors know National 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 National Health 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
(0.14)
Dividend Share
3.6
Earnings Share
2.91
Revenue Per Share
7.598
Quarterly Revenue Growth
(0.12)
The market value of National Health Investors is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Health's value that differs from its market value or its book value, called intrinsic value, which is National Health'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 National Health's market value can be influenced by many factors that don't directly affect National Health'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 National Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Health'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.