CDT Tax Provision from 2010 to 2024

CDTG Stock   3.33  0.10  3.10%   
CDT Environmental's Tax Provision is increasing over the last several years with slightly volatile swings. Tax Provision is predicted to flatten to about 998.8 K. Tax Provision is the amount set aside by CDT Environmental Technology to cover any estimated taxes for the current period. It reflects CDT Environmental's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
1.4 M
Current Value
998.8 K
Quarterly Volatility
610.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CDT Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CDT Environmental's main balance sheet or income statement drivers, such as Tax Provision of 998.8 K, Interest Income of 23.9 K or Depreciation And Amortization of 176 K, as well as many indicators such as Price To Sales Ratio of 5.0, Dividend Yield of 0.0 or PTB Ratio of 1.05. CDT financial statements analysis is a perfect complement when working with CDT Environmental Valuation or Volatility modules.
  
Check out the analysis of CDT Environmental Correlation against competitors.

Latest CDT Environmental's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of CDT Environmental Technology 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. CDT Environmental's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CDT Environmental's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

CDT Tax Provision Regression Statistics

Arithmetic Mean220,292
Coefficient Of Variation277.25
Mean Deviation517,638
Median(132,643)
Standard Deviation610,750
Sample Variance373B
Range1.5M
R-Value0.76
Mean Square Error171.8B
R-Squared0.57
Significance0
Slope103,318
Total Sum of Squares5.2T

CDT Tax Provision History

2024998.8 K
20231.4 M
20221.2 M
20211.2 M

About CDT Environmental Financial Statements

CDT Environmental stakeholders use historical fundamental indicators, such as CDT Environmental's Tax Provision, to determine how well the company is positioned to perform in the future. Although CDT Environmental investors may analyze each financial statement separately, they are all interrelated. For example, changes in CDT Environmental's assets and liabilities are reflected in the revenues and expenses on CDT Environmental'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 CDT Environmental Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision1.4 M998.8 K

Currently Active Assets on Macroaxis

When determining whether CDT Environmental is a strong investment it is important to analyze CDT Environmental'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 CDT Environmental's future performance. For an informed investment choice regarding CDT Stock, refer to the following important reports:
Check out the analysis of CDT Environmental Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Environmental & Facilities Services 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 CDT Environmental. If investors know CDT 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 CDT Environmental 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
0.09
Earnings Share
0.69
Revenue Per Share
3.718
Quarterly Revenue Growth
0.173
Return On Assets
0.085
The market value of CDT Environmental is measured differently than its book value, which is the value of CDT that is recorded on the company's balance sheet. Investors also form their own opinion of CDT Environmental's value that differs from its market value or its book value, called intrinsic value, which is CDT Environmental'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 CDT Environmental's market value can be influenced by many factors that don't directly affect CDT Environmental'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 CDT Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CDT Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CDT Environmental'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.