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Hitachi HIT Current State And Local Tax Expense Benefit

Current State And Local Tax Expense Benefit at other companies

CBIZ logo
CBIZCBZ
$2.81M+37.7%
Employers Holdings logo
Employers HoldingsEIG
$175K-12.5%

Other financials

Income statement

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Revenue$8.8M+9.4%
Gross profit$4.5M-15.8%
Net income-$1.6M-419%
EPS (diluted)-$0.03-400%

Balance sheet

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Cash & equivalents$10.3M+36.3%
Total debt$121.6K-36.2%
Total equity$21.6M+52.6%
Total assets$29.0M+35.8%

Cash flow

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Operating cash flow-$3.3M-729%

Valuation

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Market cap$66.21M+51.3%
Enterprise value$56.01M+56.5%
P/S1.9×+0.3×

Profitability

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Gross margin58.9%-15.5pp
Net margin9.3%

Returns & leverage

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Return on equity105.4%
Debt / equity0.0×
Current ratio3.1×+0.8×

Where this comes from

Reported directly by Hitachi in its filing.

Tagged under the XBRL concept us-gaap:CurrentStateAndLocalTaxExpenseBenefit.

The official record: Hitachi’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hitachi's current state and local tax expense benefit?
Hitachi (HIT) reported current state and local tax expense benefit of $4.4K in Q1 2026.
How has Hitachi's current state and local tax expense benefit changed year-over-year?
Hitachi's current state and local tax expense benefit decreased by 89.8% year-over-year, from $43.16K to $4.4K.
What does current state and local tax expense benefit mean?
Captures the current income tax expense or benefit associated with state and local jurisdictions where the company operates. This metric highlights the geographic tax burden and the impact of regional tax regulations on the company's financial results. It is essential for evaluating the tax efficiency of the company's operational footprint.