Strong Income Before Tax from 2010 to 2024

SGE Stock   1.52  0.08  5.56%   
Strong Global's Income Before Tax is decreasing over the years with slightly volatile fluctuation. Income Before Tax is expected to dwindle to about 2.6 M. During the period from 2010 to 2024 Strong Global Income Before Tax annual values regression line had geometric mean of  3,032,057 and mean square error of 582.7 B. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
3.4 M
Current Value
2.6 M
Quarterly Volatility
932.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Strong Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Strong Global's main balance sheet or income statement drivers, such as Tax Provision of 498.6 K, Interest Income of 266.8 K or Depreciation And Amortization of 887 K, as well as many indicators such as Price To Sales Ratio of 1.0, Dividend Yield of 0.0 or PTB Ratio of 2.42. Strong financial statements analysis is a perfect complement when working with Strong Global Valuation or Volatility modules.
  
Check out the analysis of Strong Global Correlation against competitors.

Latest Strong Global's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Strong Global Entertainment over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Strong Global income statement and is an important metric when analyzing Strong Global Entert profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Strong Global's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Strong Global's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Strong Income Before Tax Regression Statistics

Arithmetic Mean3,215,397
Geometric Mean3,032,057
Coefficient Of Variation29.01
Mean Deviation750,351
Median3,757,000
Standard Deviation932,816
Sample Variance870.1B
Range2.6M
R-Value(0.61)
Mean Square Error582.7B
R-Squared0.38
Significance0.01
Slope(128,272)
Total Sum of Squares12.2T

Strong Income Before Tax History

20242.6 M
20233.4 M
20222.1 M
20211.2 M
20201.4 M

About Strong Global Financial Statements

Strong Global stakeholders use historical fundamental indicators, such as Strong Global's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Strong Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in Strong Global's assets and liabilities are reflected in the revenues and expenses on Strong Global'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 Strong Global Entertainment. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax3.4 M2.6 M

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Additional Information and Resources on Investing in Strong Stock

When determining whether Strong Global Entert is a strong investment it is important to analyze Strong Global's 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 Strong Global's future performance. For an informed investment choice regarding Strong Stock, refer to the following important reports:
Check out the analysis of Strong Global Correlation against competitors.
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 Technology Hardware, Storage & Peripherals 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 Strong Global. If investors know Strong 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 Strong Global 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
(0.96)
Earnings Share
0.32
Revenue Per Share
5.917
Quarterly Revenue Growth
0.112
Return On Assets
0.0059
The market value of Strong Global Entert is measured differently than its book value, which is the value of Strong that is recorded on the company's balance sheet. Investors also form their own opinion of Strong Global's value that differs from its market value or its book value, called intrinsic value, which is Strong Global'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 Strong Global's market value can be influenced by many factors that don't directly affect Strong Global'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 Strong Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strong Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strong Global'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.