Sumitomo Income Tax Expense from 2010 to 2024

SMFG Stock  USD 15.27  0.46  3.11%   
Sumitomo Mitsui's Income Tax Expense is increasing over the last several years with stable swings. Income Tax Expense is predicted to flatten to about 270.2 B. During the period from 2010 to 2024 Sumitomo Mitsui Financial Income Tax Expense regressed destribution of quarterly values had coefficient of variationof  41.82 and r-value of  0.12. View All Fundamentals
 
Income Tax Expense  
First Reported
2002-09-30
Previous Quarter
144.8 B
Current Value
152.8 B
Quarterly Volatility
81.5 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sumitomo Mitsui financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sumitomo Mitsui's main balance sheet or income statement drivers, such as Interest Expense of 4.5 T, Selling General Administrative of 1.6 T or Total Revenue of 3.7 T, as well as many indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.08 or PTB Ratio of 0.35. Sumitomo financial statements analysis is a perfect complement when working with Sumitomo Mitsui Valuation or Volatility modules.
  
Check out the analysis of Sumitomo Mitsui Correlation against competitors.

Latest Sumitomo Mitsui's Income Tax Expense Growth Pattern

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

Sumitomo Income Tax Expense Regression Statistics

Arithmetic Mean255,072,856,267
Geometric Mean232,220,668,145
Coefficient Of Variation41.82
Mean Deviation87,211,465,849
Median270,212,844,000
Standard Deviation106,662,265,836
Sample Variance11376838953.3T
Range359.3B
R-Value0.12
Mean Square Error12077989712.7T
R-Squared0.01
Significance0.67
Slope2,842,206,814
Total Sum of Squares159275745346T

Sumitomo Income Tax Expense History

2024270.2 B
2023373.7 B
2022282.1 B
2021214.5 B
2020156.3 B
2019167.7 B
2018331.4 B

About Sumitomo Mitsui Financial Statements

Sumitomo Mitsui stakeholders use historical fundamental indicators, such as Sumitomo Mitsui's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Sumitomo Mitsui investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sumitomo Mitsui's assets and liabilities are reflected in the revenues and expenses on Sumitomo Mitsui'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 Sumitomo Mitsui Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense373.7 B270.2 B

Currently Active Assets on Macroaxis

When determining whether Sumitomo Mitsui Financial is a strong investment it is important to analyze Sumitomo Mitsui's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sumitomo Mitsui's future performance. For an informed investment choice regarding Sumitomo Stock, refer to the following important reports:
Check out the analysis of Sumitomo Mitsui Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Diversified Banks 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 Sumitomo Mitsui. If investors know Sumitomo 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 Sumitomo Mitsui 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
0.525
Earnings Share
1.18
Revenue Per Share
567.4788
Quarterly Revenue Growth
0.183
Return On Assets
0.0035
The market value of Sumitomo Mitsui Financial is measured differently than its book value, which is the value of Sumitomo that is recorded on the company's balance sheet. Investors also form their own opinion of Sumitomo Mitsui's value that differs from its market value or its book value, called intrinsic value, which is Sumitomo Mitsui'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 Sumitomo Mitsui's market value can be influenced by many factors that don't directly affect Sumitomo Mitsui'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 Sumitomo Mitsui's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sumitomo Mitsui is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sumitomo Mitsui'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.