New Tax Provision from 2010 to 2024

EDU Stock  USD 57.71  0.99  1.75%   
New Oriental Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 86.8 M in 2024. Tax Provision is the amount set aside by New Oriental Education to cover any estimated taxes for the current period. It reflects New Oriental's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-02-28
Previous Quarter
5.5 M
Current Value
77.6 M
Quarterly Volatility
29.5 M
 
Covid
Check New Oriental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Oriental's main balance sheet or income statement drivers, such as Depreciation And Amortization of 112.2 M, Interest Expense of 283.1 K or Selling And Marketing Expenses of 693.6 M, as well as many indicators such as Price To Sales Ratio of 2.91, Dividend Yield of 0.0049 or PTB Ratio of 3.33. New financial statements analysis is a perfect complement when working with New Oriental Valuation or Volatility modules.
  
Check out the analysis of New Oriental Correlation against competitors.

Latest New Oriental's Tax Provision Growth Pattern

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

New Tax Provision Regression Statistics

Arithmetic Mean65,416,451
Geometric Mean54,640,691
Coefficient Of Variation60.12
Mean Deviation32,621,814
Median59,408,000
Standard Deviation39,329,763
Sample Variance1546.8T
Range110.1M
R-Value0.80
Mean Square Error604.4T
R-Squared0.64
Significance0.0004
Slope7,020,130
Total Sum of Squares21655.6T

New Tax Provision History

202486.8 M
2023109.7 M
202266.1 M
2021136.3 M
202083.6 M
2019134.4 M
201885.7 M

About New Oriental Financial Statements

New Oriental shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although New Oriental investors may analyze each financial statement separately, they are all interrelated. The changes in New Oriental's assets and liabilities, for example, are also reflected in the revenues and expenses on on New Oriental's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision109.7 M86.8 M

Thematic Opportunities

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Additional Tools for New Stock Analysis

When running New Oriental's price analysis, check to measure New Oriental's 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 New Oriental is operating at the current time. Most of New Oriental's value examination focuses on studying past and present price action to predict the probability of New Oriental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Oriental's price. Additionally, you may evaluate how the addition of New Oriental to your portfolios can decrease your overall portfolio volatility.