Formula Tax Provision from 2010 to 2025

FORTY Stock  USD 96.00  0.54  0.56%   
Formula Systems Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 33.9 M in 2025. Tax Provision is the amount set aside by Formula Systems 1985 to cover any estimated taxes for the current period. It reflects Formula Systems' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
13.7 M
Current Value
13.9 M
Quarterly Volatility
3.5 M
 
Covid
Check Formula Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Formula Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 147.1 M, Interest Expense of 46.3 M or Total Revenue of 3.2 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0102 or PTB Ratio of 0.98. Formula financial statements analysis is a perfect complement when working with Formula Systems Valuation or Volatility modules.
  
Check out the analysis of Formula Systems Correlation against competitors.

Latest Formula Systems' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Formula Systems 1985 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. Formula Systems' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Formula Systems' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Formula Tax Provision Regression Statistics

Arithmetic Mean27,776,681
Geometric Mean24,697,158
Coefficient Of Variation51.84
Mean Deviation11,978,351
Median24,301,000
Standard Deviation14,399,393
Sample Variance207.3T
Range41.9M
R-Value0.84
Mean Square Error64.8T
R-Squared0.71
Significance0.000044
Slope2,545,365
Total Sum of Squares3110.1T

Formula Tax Provision History

202533.9 M
202453.2 M
202346.3 M
202255.2 M
202142.6 M
202031.3 M
201927.2 M

About Formula Systems Financial Statements

Formula Systems investors use historical fundamental indicators, such as Formula Systems' Tax Provision, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Formula Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision53.2 M33.9 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Formula Stock Analysis

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