Quest Income Tax Expense from 2010 to 2024

QRHC Stock  USD 7.02  0.16  2.23%   
Quest Resource's Income Tax Expense is decreasing over the years with stable fluctuation. Income Tax Expense is expected to dwindle to about 367.6 K. During the period from 2010 to 2024 Quest Resource Income Tax Expense annual values regression line had geometric mean of  248,987 and mean square error of 47.5 T. View All Fundamentals
 
Income Tax Expense  
First Reported
2008-09-30
Previous Quarter
684.1 K
Current Value
-278.3 K
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quest Resource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quest Resource's main balance sheet or income statement drivers, such as Interest Expense of 10.2 M, Selling General Administrative of 37.8 M or Other Operating Expenses of 299.8 M, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0 or PTB Ratio of 2.11. Quest financial statements analysis is a perfect complement when working with Quest Resource Valuation or Volatility modules.
  
Check out the analysis of Quest Resource Correlation against competitors.

Latest Quest Resource's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Quest Resource Holding over the last few years. It is Quest Resource's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Quest Resource's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Quest Income Tax Expense Regression Statistics

Arithmetic Mean2,109,735
Geometric Mean248,987
Coefficient Of Variation324.75
Mean Deviation3,296,778
Median254,000
Standard Deviation6,851,394
Sample Variance46.9T
Range26.8M
R-Value(0.24)
Mean Square Error47.5T
R-Squared0.06
Significance0.38
Slope(373,855)
Total Sum of Squares657.2T

Quest Income Tax Expense History

2024367.6 K
2023386.9 K
2022173 K
2021321 K
2020254 K
2019219 K
2018438 K

About Quest Resource Financial Statements

Quest Resource stakeholders use historical fundamental indicators, such as Quest Resource's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Quest Resource investors may analyze each financial statement separately, they are all interrelated. For example, changes in Quest Resource's assets and liabilities are reflected in the revenues and expenses on Quest Resource'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 Quest Resource Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense386.9 K367.6 K

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When determining whether Quest Resource Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Quest Resource'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 Quest Resource Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quest Resource Holding Stock:
Check out the analysis of Quest Resource Correlation against competitors.
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Is Environmental & Facilities Services 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 Quest Resource. If investors know Quest 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 Quest Resource 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
0.667
Earnings Share
(0.38)
Revenue Per Share
14.016
Quarterly Revenue Growth
0.033
Return On Assets
0.0146
The market value of Quest Resource Holding is measured differently than its book value, which is the value of Quest that is recorded on the company's balance sheet. Investors also form their own opinion of Quest Resource's value that differs from its market value or its book value, called intrinsic value, which is Quest Resource'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 Quest Resource's market value can be influenced by many factors that don't directly affect Quest Resource'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 Quest Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quest Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quest Resource'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.