Cannae Income Tax Expense from 2010 to 2024

CNNE Stock  USD 18.69  0.45  2.47%   
Cannae Holdings' Income Tax Expense is decreasing over the years with stable fluctuation. Overall, Income Tax Expense is projected to go to about -73.2 M this year. During the period from 2010 to 2024 Cannae Holdings Income Tax Expense annual values regression line had coefficient of variation of  439.79 and r-squared of  0.03. View All Fundamentals
 
Income Tax Expense  
First Reported
2013-03-31
Previous Quarter
53.4 M
Current Value
-33.7 M
Quarterly Volatility
50.5 M
 
Yuan Drop
 
Covid
Check Cannae Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cannae Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 49.8 M, Total Revenue of 845.7 M or Gross Profit of 59.8 M, as well as many indicators such as Price To Sales Ratio of 1.91, Dividend Yield of 0.0 or PTB Ratio of 1.23. Cannae financial statements analysis is a perfect complement when working with Cannae Holdings Valuation or Volatility modules.
  
Check out the analysis of Cannae Holdings Correlation against competitors.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.

Latest Cannae Holdings' Income Tax Expense Growth Pattern

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

Cannae Income Tax Expense Regression Statistics

Arithmetic Mean31,716,667
Coefficient Of Variation439.79
Mean Deviation81,186,667
Median13,100,000
Standard Deviation139,485,593
Sample Variance19456.2T
Range571.1M
R-Value(0.18)
Mean Square Error20302.5T
R-Squared0.03
Significance0.53
Slope(5,495,179)
Total Sum of Squares272387.2T

Cannae Income Tax Expense History

2024-73.2 M
2023-77 M
2022-89.9 M
2021-74 M
2020481.2 M
201924.2 M
201813.1 M

About Cannae Holdings Financial Statements

Cannae Holdings stakeholders use historical fundamental indicators, such as Cannae Holdings' Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Cannae Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cannae Holdings' assets and liabilities are reflected in the revenues and expenses on Cannae Holdings' 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 Cannae Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense-77 M-73.2 M

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When determining whether Cannae Holdings is a strong investment it is important to analyze Cannae Holdings' 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 Cannae Holdings' future performance. For an informed investment choice regarding Cannae Stock, refer to the following important reports:
Check out the analysis of Cannae Holdings Correlation against competitors.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Multi-Sector Holdings 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 Cannae Holdings. If investors know Cannae 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 Cannae Holdings 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
(0.67)
Dividend Share
0.12
Earnings Share
(6.74)
Revenue Per Share
7.145
Quarterly Revenue Growth
(0.23)
The market value of Cannae Holdings is measured differently than its book value, which is the value of Cannae that is recorded on the company's balance sheet. Investors also form their own opinion of Cannae Holdings' value that differs from its market value or its book value, called intrinsic value, which is Cannae Holdings' 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 Cannae Holdings' market value can be influenced by many factors that don't directly affect Cannae Holdings' 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 Cannae Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cannae Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cannae Holdings' 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.