Gannett Tax Provision from 2010 to 2024

GCI Stock  USD 5.41  0.03  0.56%   
Gannett's Tax Provision is increasing with very volatile movements from year to year. Tax Provision is estimated to finish at about 22.8 M this year. Tax Provision is the amount set aside by Gannett Co to cover any estimated taxes for the current period. It reflects Gannett's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-09-30
Previous Quarter
10.1 M
Current Value
-26.8 M
Quarterly Volatility
28.1 M
 
Covid
Check Gannett financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gannett's main balance sheet or income statement drivers, such as Depreciation And Amortization of 105.8 M, Interest Expense of 81.9 M or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.17 or PTB Ratio of 0.68. Gannett financial statements analysis is a perfect complement when working with Gannett Valuation or Volatility modules.
  
Check out the analysis of Gannett Correlation against competitors.

Latest Gannett's Tax Provision Growth Pattern

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

Gannett Tax Provision Regression Statistics

Arithmetic Mean(320,170)
Coefficient Of Variation(9,111)
Mean Deviation16,106,999
Median3,404,000
Standard Deviation29,171,534
Sample Variance851T
Range134.2M
R-Value0.07
Mean Square Error911.8T
R-Squared0.01
Significance0.80
Slope463,615
Total Sum of Squares11913.7T

Gannett Tax Provision History

202422.8 M
202321.7 M
20221.3 M
202148.2 M
2020-33.5 M
2019-86 M
20181.9 M

About Gannett Financial Statements

Investors use fundamental indicators, such as Gannett's Tax Provision, to determine how well the company is positioned to perform in the future. Although Gannett's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Tax Provision21.7 M22.8 M

Currently Active Assets on Macroaxis

When determining whether Gannett offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gannett's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gannett Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gannett Co Stock:
Check out the analysis of Gannett Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Movies & Entertainment 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 Gannett. If investors know Gannett 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 Gannett listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.80)
Revenue Per Share
18.034
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0281
Return On Equity
(0.40)
The market value of Gannett is measured differently than its book value, which is the value of Gannett that is recorded on the company's balance sheet. Investors also form their own opinion of Gannett's value that differs from its market value or its book value, called intrinsic value, which is Gannett'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 Gannett's market value can be influenced by many factors that don't directly affect Gannett'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 Gannett's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gannett is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gannett'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.