WDFC Income Tax Expense from 2010 to 2024

WDFC Stock  USD 277.53  6.76  2.50%   
WD 40's Income Tax Expense is increasing over the years with stable fluctuation. Income Tax Expense is expected to dwindle to about 15.5 M. During the period from 2010 to 2024 WD 40 Income Tax Expense annual values regression line had geometric mean of  16,904,749 and mean square error of 16.9 T. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-11-30
Previous Quarter
M
Current Value
M
Quarterly Volatility
1.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WD 40 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WD 40's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.9 M, Interest Expense of 4.1 M or Total Revenue of 620.1 M, as well as many indicators such as Price To Sales Ratio of 6.33, Dividend Yield of 0.0126 or PTB Ratio of 16.23. WDFC financial statements analysis is a perfect complement when working with WD 40 Valuation or Volatility modules.
  
Check out the analysis of WD 40 Correlation against competitors.

Latest WD 40's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of WD 40 Company over the last few years. It is WD 40's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in WD 40'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  

WDFC Income Tax Expense Regression Statistics

Arithmetic Mean17,404,015
Geometric Mean16,904,749
Coefficient Of Variation23.54
Mean Deviation3,124,919
Median17,054,000
Standard Deviation4,096,920
Sample Variance16.8T
Range14.9M
R-Value0.25
Mean Square Error16.9T
R-Squared0.06
Significance0.37
Slope229,616
Total Sum of Squares235T

WDFC Income Tax Expense History

202415.5 M
202321.9 M
202219.2 M
202116.8 M
202016.3 M
201914.8 M
201824.9 M

About WD 40 Financial Statements

WD 40 stakeholders use historical fundamental indicators, such as WD 40's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although WD 40 investors may analyze each financial statement separately, they are all interrelated. For example, changes in WD 40's assets and liabilities are reflected in the revenues and expenses on WD 40'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 WD 40 Company. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense21.9 M15.5 M

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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 WD 40 Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WD 40'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 Wd 40 Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wd 40 Company Stock:
Check out the analysis of WD 40 Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Household Products 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 WD 40. If investors know WDFC 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 WD 40 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
0.016
Dividend Share
3.52
Earnings Share
5.11
Revenue Per Share
43.571
Quarterly Revenue Growth
0.111
The market value of WD 40 Company is measured differently than its book value, which is the value of WDFC that is recorded on the company's balance sheet. Investors also form their own opinion of WD 40's value that differs from its market value or its book value, called intrinsic value, which is WD 40'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 WD 40's market value can be influenced by many factors that don't directly affect WD 40'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 WD 40's value and its price as these two are different measures arrived at by different means. Investors typically determine if WD 40 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WD 40'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.