Garrett Tax Provision from 2010 to 2024

GTX Stock  USD 8.31  0.11  1.34%   
Garrett Motion Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 75.4 M in 2024. Tax Provision is the amount set aside by Garrett Motion to cover any estimated taxes for the current period. It reflects Garrett Motion's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-03-31
Previous Quarter
23 M
Current Value
24 M
Quarterly Volatility
255 M
 
Covid
Check Garrett Motion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Garrett Motion's main balance sheet or income statement drivers, such as Tax Provision of 75.4 M, Interest Income of 6.7 M or Depreciation And Amortization of 83.7 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0248 or Days Sales Outstanding of 60.82. Garrett financial statements analysis is a perfect complement when working with Garrett Motion Valuation or Volatility modules.
  
Check out the analysis of Garrett Motion Correlation against competitors.
For more information on how to buy Garrett Stock please use our How to Invest in Garrett Motion guide.

Latest Garrett Motion's Tax Provision Growth Pattern

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

Garrett Tax Provision Regression Statistics

Arithmetic Mean84,160,741
Geometric Mean72,769,790
Coefficient Of Variation44.59
Mean Deviation33,140,444
Median106,000,000
Standard Deviation37,527,496
Sample Variance1408.3T
Range108M
R-Value(0.44)
Mean Square Error1222.3T
R-Squared0.19
Significance0.10
Slope(3,696,865)
Total Sum of Squares19716.4T

Garrett Tax Provision History

202475.4 M
202393 M
2022106 M
202143 M
202039 M
201933 M
2018123 M

About Garrett Motion Financial Statements

Garrett Motion investors use historical fundamental indicators, such as Garrett Motion's 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 Garrett Motion. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision93 M75.4 M

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Additional Tools for Garrett Stock Analysis

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