AvidXchange Tax Provision from 2010 to 2024

AVDX Stock  USD 11.15  0.00  0.00%   
AvidXchange Holdings Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by AvidXchange Holdings to cover any estimated taxes for the current period. It reflects AvidXchange Holdings' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
453 K
Current Value
475.6 K
Quarterly Volatility
1.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AvidXchange Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AvidXchange Holdings' main balance sheet or income statement drivers, such as Interest Expense of 11.2 M, Tax Provision of 475.6 K or Net Interest Income of 3.7 M, as well as many indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0 or PTB Ratio of 3.62. AvidXchange financial statements analysis is a perfect complement when working with AvidXchange Holdings Valuation or Volatility modules.
  
Check out the analysis of AvidXchange Holdings Correlation against competitors.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.

Latest AvidXchange Holdings' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of AvidXchange Holdings over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. AvidXchange Holdings' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AvidXchange Holdings' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Pretty Stable
   Tax Provision   
       Timeline  

AvidXchange Tax Provision Regression Statistics

Arithmetic Mean(171,847)
Coefficient Of Variation(727.77)
Mean Deviation598,420
Median59,824
Standard Deviation1,250,653
Sample Variance1.6T
Range5.1M
R-Value(0.15)
Mean Square Error1.6T
R-Squared0.02
Significance0.59
Slope(42,071)
Total Sum of Squares21.9T

AvidXchange Tax Provision History

2024475.6 K
2023453 K
2022321 K
2021-4.7 M
2020234.4 K

About AvidXchange Holdings Financial Statements

AvidXchange Holdings investors use historical fundamental indicators, such as AvidXchange Holdings' Tax Provision, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AvidXchange Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision453 K475.6 K

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Additional Tools for AvidXchange Stock Analysis

When running AvidXchange Holdings' price analysis, check to measure AvidXchange Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AvidXchange Holdings is operating at the current time. Most of AvidXchange Holdings' value examination focuses on studying past and present price action to predict the probability of AvidXchange Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AvidXchange Holdings' price. Additionally, you may evaluate how the addition of AvidXchange Holdings to your portfolios can decrease your overall portfolio volatility.