Cabaletta Effective Tax Rate from 2010 to 2024
| CABA Stock | USD 4.91 0.06 1.24% |
Effective Tax Rate | First Reported 2010-12-31 | Previous Quarter 0.0253 | Current Value 0.024 | Quarterly Volatility 0.67108643 |
Check Cabaletta Bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cabaletta Bio's main balance sheet or income statement drivers, such as Interest Expense of 1.4 M, Selling General Administrative of 10.9 M or Research Development of 58.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0241 or PTB Ratio of 4.13. Cabaletta financial statements analysis is a perfect complement when working with Cabaletta Bio Valuation or Volatility modules.
Cabaletta | Effective Tax Rate |
Latest Cabaletta Bio's Effective Tax Rate Growth Pattern
Below is the plot of the Effective Tax Rate of Cabaletta Bio over the last few years. Effective Tax Rate is the average rate at which Cabaletta Bio pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Cabaletta Bio total tax expenses by Cabaletta Bio earnings before taxes. It is Cabaletta Bio's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cabaletta Bio's overall financial position and show how it may be relating to other accounts over time.
| Effective Tax Rate | 10 Years Trend |
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Effective Tax Rate |
| Timeline |
Cabaletta Effective Tax Rate Regression Statistics
| Arithmetic Mean | 0.73 | |
| Geometric Mean | 0.22 | |
| Coefficient Of Variation | 92.29 | |
| Mean Deviation | 0.65 | |
| Median | 1.33 | |
| Standard Deviation | 0.67 | |
| Sample Variance | 0.45 | |
| Range | 1.317 | |
| R-Value | (0.87) | |
| Mean Square Error | 0.12 | |
| R-Squared | 0.76 | |
| Significance | 0.000026 | |
| Slope | (0.13) | |
| Total Sum of Squares | 6.30 |
Cabaletta Effective Tax Rate History
About Cabaletta Bio Financial Statements
Cabaletta Bio stakeholders use historical fundamental indicators, such as Cabaletta Bio's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Cabaletta Bio investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cabaletta Bio's assets and liabilities are reflected in the revenues and expenses on Cabaletta Bio'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 Cabaletta Bio. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Effective Tax Rate | 0.03 | 0.02 |
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Check out the analysis of Cabaletta Bio Correlation against competitors. For information on how to trade Cabaletta Stock refer to our How to Trade Cabaletta Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Biotechnology 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 Cabaletta Bio. If investors know Cabaletta 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 Cabaletta Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.91) | Return On Assets (0.31) | Return On Equity (0.48) |
The market value of Cabaletta Bio is measured differently than its book value, which is the value of Cabaletta that is recorded on the company's balance sheet. Investors also form their own opinion of Cabaletta Bio's value that differs from its market value or its book value, called intrinsic value, which is Cabaletta Bio'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 Cabaletta Bio's market value can be influenced by many factors that don't directly affect Cabaletta Bio'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 Cabaletta Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cabaletta Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cabaletta Bio'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.