Ensign Tax Provision from 2010 to 2024

ENSG Stock  USD 146.21  0.23  0.16%   
Ensign's Tax Provision is increasing over the last several years with slightly volatile swings. Tax Provision is predicted to flatten to about 47 M. Tax Provision is the amount set aside by The Ensign Group to cover any estimated taxes for the current period. It reflects Ensign's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
20.9 M
Current Value
20.1 M
Quarterly Volatility
5.1 M
 
Covid
Check Ensign financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ensign's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76 M, Interest Expense of 8.2 M or Total Revenue of 3.9 B, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.002 or PTB Ratio of 7.38. Ensign financial statements analysis is a perfect complement when working with Ensign Valuation or Volatility modules.
  
Check out the analysis of Ensign Correlation against competitors.

Latest Ensign's Tax Provision Growth Pattern

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

Ensign Tax Provision Regression Statistics

Arithmetic Mean40,511,585
Geometric Mean38,384,525
Coefficient Of Variation35.47
Mean Deviation11,441,180
Median35,182,000
Standard Deviation14,367,811
Sample Variance206.4T
Range47.5M
R-Value0.60
Mean Square Error141.8T
R-Squared0.36
Significance0.02
Slope1,933,441
Total Sum of Squares2890.1T

Ensign Tax Provision History

202447 M
202370.4 M
202264.4 M
202160.3 M
202046.2 M
201924 M
201822.8 M

About Ensign Financial Statements

Ensign stakeholders use historical fundamental indicators, such as Ensign's Tax Provision, to determine how well the company is positioned to perform in the future. Although Ensign investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ensign's assets and liabilities are reflected in the revenues and expenses on Ensign'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 The Ensign Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision70.4 M47 M

Currently Active Assets on Macroaxis

When determining whether Ensign Group is a strong investment it is important to analyze Ensign'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 Ensign's future performance. For an informed investment choice regarding Ensign Stock, refer to the following important reports:
Check out the analysis of Ensign Correlation against competitors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Health Care Providers & Services 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 Ensign. If investors know Ensign 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 Ensign 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
0.207
Dividend Share
0.24
Earnings Share
4.13
Revenue Per Share
72.801
Quarterly Revenue Growth
0.15
The market value of Ensign Group is measured differently than its book value, which is the value of Ensign that is recorded on the company's balance sheet. Investors also form their own opinion of Ensign's value that differs from its market value or its book value, called intrinsic value, which is Ensign'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 Ensign's market value can be influenced by many factors that don't directly affect Ensign'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 Ensign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ensign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ensign'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.