Core Tax Provision from 2010 to 2024

CNM Stock  USD 47.54  2.27  5.01%   
Core Main Tax Provision yearly trend continues to be very stable with very little volatility. Tax Provision is likely to grow to about 154.6 M this year. Tax Provision is the amount set aside by Core Main to cover any estimated taxes for the current period. It reflects Core Main's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
147.2 M
Current Value
154.6 M
Quarterly Volatility
58.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Core Main financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Core Main's main balance sheet or income statement drivers, such as Interest Expense of 94 M, Ebit of 390 M or Net Income Applicable To Common Shares of 441.9 M, as well as many indicators such as Price To Sales Ratio of 0.88, Dividend Yield of 0.0056 or PTB Ratio of 4.75. Core financial statements analysis is a perfect complement when working with Core Main Valuation or Volatility modules.
  
Check out the analysis of Core Main Correlation against competitors.
To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.

Latest Core Main's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Core Main 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. Core Main's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Core Main'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  

Core Tax Provision Regression Statistics

Arithmetic Mean32,630,667
Geometric Mean2,820,716
Coefficient Of Variation180.52
Mean Deviation46,698,311
Median700,000
Standard Deviation58,905,795
Sample Variance3469.9T
Range154.1M
R-Value0.76
Mean Square Error1587.7T
R-Squared0.58
Significance0
Slope9,989,000
Total Sum of Squares48578.5T

Core Tax Provision History

2024154.6 M
2023147.2 M
2022128 M
202151 M
20201.9 M
2019500 K

About Core Main Financial Statements

Core Main investors utilize fundamental indicators, such as Tax Provision, to predict how Core Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision147.2 M154.6 M

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When determining whether Core Main is a strong investment it is important to analyze Core Main'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 Core Main's future performance. For an informed investment choice regarding Core Stock, refer to the following important reports:
Check out the analysis of Core Main Correlation against competitors.
To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Trading Companies & Distributors 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 Core Main. If investors know Core 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 Core Main 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
(0.07)
Earnings Share
2.1
Revenue Per Share
37.819
Quarterly Revenue Growth
0.055
Return On Assets
0.0797
The market value of Core Main is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Main's value that differs from its market value or its book value, called intrinsic value, which is Core Main'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 Core Main's market value can be influenced by many factors that don't directly affect Core Main'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 Core Main's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Main is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Main'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.