Denison Tax Provision from 2010 to 2024

DNN Stock  USD 2.36  0.08  3.51%   
Denison Mines Tax Provision yearly trend continues to be very stable with very little volatility. Tax Provision is likely to drop to about -2.2 M. Tax Provision is the amount set aside by Denison Mines Corp to cover any estimated taxes for the current period. It reflects Denison Mines' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
-28 K
Current Value
-45 K
Quarterly Volatility
662 K
 
Covid
Check Denison Mines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Denison Mines' main balance sheet or income statement drivers, such as Interest Expense of 49.4 K, Total Revenue of 1.8 M or Other Operating Expenses of 1.8 M, as well as many indicators such as Price To Sales Ratio of 1.1 K, Dividend Yield of 0.0 or PTB Ratio of 3.3. Denison financial statements analysis is a perfect complement when working with Denison Mines Valuation or Volatility modules.
  
Check out the analysis of Denison Mines Correlation against competitors.

Latest Denison Mines' Tax Provision Growth Pattern

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

Denison Tax Provision Regression Statistics

Arithmetic Mean(4,200,482)
Coefficient Of Variation(45.60)
Mean Deviation1,543,395
Median(4,928,721)
Standard Deviation1,915,215
Sample Variance3.7T
Range7.4M
R-Value0.58
Mean Square Error2.6T
R-Squared0.33
Significance0.02
Slope247,410
Total Sum of Squares51.4T

Denison Tax Provision History

2024-2.2 M
2023-2.1 M
2022-2.3 M
2021-2 M
2020-860 K
2019-5.4 M
2018-8.3 M

About Denison Mines Financial Statements

Denison Mines investors utilize fundamental indicators, such as Tax Provision, to predict how Denison 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 Provision-2.1 M-2.2 M
When determining whether Denison Mines Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Denison Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Denison Mines Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Denison Mines Corp Stock:
Check out the analysis of Denison Mines Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Oil, Gas & Consumable Fuels 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 Denison Mines. If investors know Denison 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 Denison Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Revenue Per Share
0.004
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.06)
Return On Equity
(0.05)
The market value of Denison Mines Corp is measured differently than its book value, which is the value of Denison that is recorded on the company's balance sheet. Investors also form their own opinion of Denison Mines' value that differs from its market value or its book value, called intrinsic value, which is Denison Mines' 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 Denison Mines' market value can be influenced by many factors that don't directly affect Denison Mines' 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 Denison Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Denison Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Denison Mines' 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.