Stoneridge Income Tax Expense from 2010 to 2024

SRI Stock  USD 5.69  0.06  1.04%   
Stoneridge's Income Tax Expense is decreasing with very volatile movements from year to year. Income Tax Expense is estimated to finish at about 3.7 M this year. For the period between 2010 and 2024, Stoneridge, Income Tax Expense quarterly trend regression had mean deviation of  7,299,522 and range of 62.5 M. View All Fundamentals
 
Income Tax Expense  
First Reported
1997-03-31
Previous Quarter
-936 K
Current Value
3.4 M
Quarterly Volatility
15.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Stoneridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stoneridge's main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.2 M, Interest Expense of 12.7 M or Total Revenue of 770.5 M, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0056 or PTB Ratio of 2.03. Stoneridge financial statements analysis is a perfect complement when working with Stoneridge Valuation or Volatility modules.
  
Check out the analysis of Stoneridge Correlation against competitors.
For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.

Latest Stoneridge's Income Tax Expense Growth Pattern

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

Stoneridge Income Tax Expense Regression Statistics

Arithmetic Mean2,415,402
Geometric Mean4,015,203
Coefficient Of Variation532.18
Mean Deviation7,299,522
Median3,360,000
Standard Deviation12,854,192
Sample Variance165.2T
Range62.5M
R-Value(0.03)
Mean Square Error177.8T
R-Squared0.0007
Significance0.93
Slope(74,496)
Total Sum of Squares2313.2T

Stoneridge Income Tax Expense History

20243.7 M
20233.3 M
20223.4 M
2021M
2020-2.8 M
20198.1 M
201811.2 M

About Stoneridge Financial Statements

Investors use fundamental indicators, such as Stoneridge's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Stoneridge'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
Income Tax Expense3.3 M3.7 M

Currently Active Assets on Macroaxis

When determining whether Stoneridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stoneridge'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 Stoneridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stoneridge Stock:
Check out the analysis of Stoneridge Correlation against competitors.
For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Automotive Parts & Equipment 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 Stoneridge. If investors know Stoneridge 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 Stoneridge 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
1.948
Earnings Share
(0.27)
Revenue Per Share
33.364
Quarterly Revenue Growth
(0.10)
Return On Assets
0.0116
The market value of Stoneridge is measured differently than its book value, which is the value of Stoneridge that is recorded on the company's balance sheet. Investors also form their own opinion of Stoneridge's value that differs from its market value or its book value, called intrinsic value, which is Stoneridge'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 Stoneridge's market value can be influenced by many factors that don't directly affect Stoneridge'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 Stoneridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stoneridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stoneridge'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.