Inotiv Income Tax Expense from 2010 to 2024

NOTV Stock  USD 3.66  0.12  3.39%   
Inotiv Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, Inotiv Income Tax Expense regression line of quarterly data had r-squared of  0.65 and coefficient of variation of (160.95). View All Fundamentals
 
Income Tax Expense  
First Reported
1997-09-30
Previous Quarter
-6.4 M
Current Value
-6.9 M
Quarterly Volatility
2.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Inotiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Inotiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 66.1 M, Interest Expense of 23.5 M or Selling General Administrative of 130.7 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0029 or PTB Ratio of 0.25. Inotiv financial statements analysis is a perfect complement when working with Inotiv Valuation or Volatility modules.
  
Check out the analysis of Inotiv Correlation against competitors.

Latest Inotiv's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Inotiv Inc over the last few years. It is Inotiv's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Inotiv'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  

Inotiv Income Tax Expense Regression Statistics

Arithmetic Mean(4,846,247)
Coefficient Of Variation(160.95)
Mean Deviation6,544,495
Median2,000
Standard Deviation7,800,111
Sample Variance60.8T
Range19.7M
R-Value(0.81)
Mean Square Error22.7T
R-Squared0.65
Significance0.0003
Slope(1,409,482)
Total Sum of Squares851.8T

Inotiv Income Tax Expense History

2024-16.5 M
2023-17.4 M
2022-19.3 M
2021-15.2 M
2020-4.8 M
2019147 K
2018 4000.0

About Inotiv Financial Statements

Inotiv investors use historical fundamental indicators, such as Inotiv's Income Tax Expense, 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 Inotiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense-17.4 M-16.5 M

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Additional Tools for Inotiv Stock Analysis

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