Eastern Tax Provision from 2010 to 2024

EML Stock  USD 28.12  0.42  1.47%   
Eastern Tax Provision yearly trend continues to be quite stable with very little volatility. Tax Provision may rise above about 2.4 M this year. Tax Provision is the amount set aside by Eastern Co to cover any estimated taxes for the current period. It reflects Eastern's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-03-31
Previous Quarter
M
Current Value
1.3 M
Quarterly Volatility
619.9 K
 
Covid
Check Eastern financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eastern's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.2 M, Interest Expense of 3.7 M or Total Revenue of 287.1 M, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0304 or PTB Ratio of 1.07. Eastern financial statements analysis is a perfect complement when working with Eastern Valuation or Volatility modules.
  
Check out the analysis of Eastern Correlation against competitors.

Latest Eastern's Tax Provision Growth Pattern

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

Eastern Tax Provision Regression Statistics

Arithmetic Mean3,222,005
Geometric Mean2,905,599
Coefficient Of Variation40.32
Mean Deviation901,419
Median3,352,456
Standard Deviation1,298,967
Sample Variance1.7T
Range5.8M
R-Value(0.48)
Mean Square Error1.4T
R-Squared0.23
Significance0.07
Slope(140,475)
Total Sum of Squares23.6T

Eastern Tax Provision History

20242.4 M
20231.5 M
20223.4 M
20212.9 M
2020620.1 K
20192.9 M
20183.1 M

About Eastern Financial Statements

Eastern investors utilize fundamental indicators, such as Tax Provision, to predict how Eastern 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 Provision1.5 M2.4 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Eastern is a strong investment it is important to analyze Eastern'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 Eastern's future performance. For an informed investment choice regarding Eastern Stock, refer to the following important reports:
Is Industrial Machinery & Supplies & Components 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 Eastern. If investors know Eastern 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 Eastern 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
1.545
Dividend Share
0.44
Earnings Share
2
Revenue Per Share
45.732
Quarterly Revenue Growth
0.15
The market value of Eastern is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern's value that differs from its market value or its book value, called intrinsic value, which is Eastern'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 Eastern's market value can be influenced by many factors that don't directly affect Eastern'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 Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern'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.