Excelerate Tax Provision from 2010 to 2024

EE Stock  USD 30.42  0.93  3.15%   
Excelerate Energy's Tax Provision is increasing over the years with slightly volatile fluctuation. Tax Provision is expected to dwindle to about 26.2 M. Tax Provision is the amount set aside by Excelerate Energy to cover any estimated taxes for the current period. It reflects Excelerate Energy's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
42.1 M
Current Value
26.2 M
Quarterly Volatility
8.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Excelerate Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Excelerate Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 75 M, Total Revenue of 906.6 M or Gross Profit of 337.4 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0042 or PTB Ratio of 0.76. Excelerate financial statements analysis is a perfect complement when working with Excelerate Energy Valuation or Volatility modules.
  
Check out the analysis of Excelerate Energy Correlation against competitors.
For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.

Latest Excelerate Energy's Tax Provision Growth Pattern

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

Excelerate Tax Provision Regression Statistics

Arithmetic Mean17,927,167
Geometric Mean16,691,577
Coefficient Of Variation46.29
Mean Deviation6,145,578
Median13,717,000
Standard Deviation8,297,841
Sample Variance68.9T
Range28.4M
R-Value0.70
Mean Square Error38.3T
R-Squared0.48
Significance0
Slope1,290,202
Total Sum of Squares964T

Excelerate Tax Provision History

202426.2 M
202342.1 M
202228.3 M
202121.2 M
202013.9 M

About Excelerate Energy Financial Statements

Excelerate Energy stakeholders use historical fundamental indicators, such as Excelerate Energy's Tax Provision, to determine how well the company is positioned to perform in the future. Although Excelerate Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Excelerate Energy's assets and liabilities are reflected in the revenues and expenses on Excelerate Energy'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 Excelerate Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision42.1 M26.2 M

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Check out the analysis of Excelerate Energy Correlation against competitors.
For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.
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Is Oil & Gas Storage & Transportation 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 Excelerate Energy. If investors know Excelerate 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 Excelerate Energy 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
(0.13)
Dividend Share
0.135
Earnings Share
1
Revenue Per Share
31.848
Quarterly Revenue Growth
(0.30)
The market value of Excelerate Energy is measured differently than its book value, which is the value of Excelerate that is recorded on the company's balance sheet. Investors also form their own opinion of Excelerate Energy's value that differs from its market value or its book value, called intrinsic value, which is Excelerate Energy'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 Excelerate Energy's market value can be influenced by many factors that don't directly affect Excelerate Energy'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 Excelerate Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Excelerate Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Excelerate Energy'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.