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Hitachi HIT Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount

Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount at other companies

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$8.44M+178%

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:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate.

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 effective income tax rate reconciliation at federal statutory income tax rate, amount?
Hitachi (HIT) reported effective income tax rate reconciliation at federal statutory income tax rate, amount of -$434.35K in Q1 2026.
How has Hitachi's effective income tax rate reconciliation at federal statutory income tax rate, amount changed year-over-year?
Hitachi's effective income tax rate reconciliation at federal statutory income tax rate, amount decreased by 594.2% year-over-year, from $87.89K to -$434.35K.
What does effective income tax rate reconciliation at federal statutory income tax rate, amount mean?
This represents the theoretical income tax expense calculated by applying the statutory federal income tax rate to the company's pre-tax income. It serves as the baseline figure in the tax reconciliation table before accounting for permanent differences, credits, or state-level adjustments. It allows investors to see the starting point for the company's effective tax rate calculation.