WTI Income Tax Expense from 2010 to 2024

WTI Stock  USD 2.57  0.03  1.15%   
WT Offshore's Income Tax Expense is decreasing with stable movements from year to year. Income Tax Expense is estimated to finish at about 19.3 M this year. For the period between 2010 and 2024, WT Offshore, Income Tax Expense quarterly trend regression had median of  535,000 and r-value of (0.13). View All Fundamentals
 
Income Tax Expense  
First Reported
2002-12-31
Previous Quarter
4.8 M
Current Value
1.9 M
Quarterly Volatility
51.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WT Offshore financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WTI main balance sheet or income statement drivers, such as Interest Expense of 46.4 M, Total Revenue of 690.9 M or Gross Profit of 354.3 M, as well as many exotic indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0026 or PTB Ratio of 16.07. WTI financial statements analysis is a perfect complement when working with WT Offshore Valuation or Volatility modules.
  
This module can also supplement WT Offshore's financial leverage analysis and stock options assessment as well as various WT Offshore Technical models . Check out the analysis of WT Offshore Correlation against competitors.
For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.

Latest WT Offshore's Income Tax Expense Growth Pattern

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

WTI Income Tax Expense Regression Statistics

Arithmetic Mean(4,316,250)
Coefficient Of Variation(1,608)
Mean Deviation46,210,433
Median535,000
Standard Deviation69,389,442
Sample Variance4814.9T
Range294.5M
R-Value(0.13)
Mean Square Error5097.4T
R-Squared0.02
Significance0.64
Slope(2,019,294)
Total Sum of Squares67408.5T

WTI Income Tax Expense History

202419.3 M
202318.3 M
202253.7 M
2021-8.1 M
2020-30.2 M
2019-75.2 M
2018535 K

About WT Offshore Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include WT Offshore income statement, its balance sheet, and the statement of cash flows. WT Offshore investors use historical funamental indicators, such as WT Offshore's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although WT Offshore investors may use each financial statement separately, they are all related. The changes in WT Offshore's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on WT Offshore's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on WT Offshore Financial Statements. Understanding these patterns can help to make the right decision on long term investment in WT Offshore. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense18.3 M19.3 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards WT Offshore in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, WT Offshore's short interest history, or implied volatility extrapolated from WT Offshore options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether WT Offshore offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WT Offshore'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 Wt Offshore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wt Offshore Stock:
Check out the analysis of WT Offshore Correlation against competitors.
For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running WT Offshore's price analysis, check to measure WT Offshore'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 WT Offshore is operating at the current time. Most of WT Offshore's value examination focuses on studying past and present price action to predict the probability of WT Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WT Offshore's price. Additionally, you may evaluate how the addition of WT Offshore to your portfolios can decrease your overall portfolio volatility.
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Is WT Offshore's industry 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 WT Offshore. If investors know WTI 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 WT Offshore 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
(0.98)
Dividend Share
0.01
Earnings Share
0.11
Revenue Per Share
3.636
Quarterly Revenue Growth
(0.30)
The market value of WT Offshore is measured differently than its book value, which is the value of WTI that is recorded on the company's balance sheet. Investors also form their own opinion of WT Offshore's value that differs from its market value or its book value, called intrinsic value, which is WT Offshore'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 WT Offshore's market value can be influenced by many factors that don't directly affect WT Offshore'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 WT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if WT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WT Offshore'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.