Lovesac Tax Provision from 2010 to 2024

LOVE Stock  USD 37.10  1.37  3.56%   
Lovesac's Tax Provision is increasing over the years with slightly volatile fluctuation. Overall, Tax Provision is expected to go to about 8.4 M this year. Tax Provision is the amount set aside by The Lovesac to cover any estimated taxes for the current period. It reflects Lovesac's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-01-31
Previous Quarter
-4.2 M
Current Value
-1.8 M
Quarterly Volatility
3.7 M
 
Covid
Check Lovesac financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lovesac's main balance sheet or income statement drivers, such as Interest Income of 717 K, Depreciation And Amortization of 6.5 M or Interest Expense of 100 K, as well as many indicators such as Price To Sales Ratio of 2.6, Dividend Yield of 0.0 or PTB Ratio of 7.72. Lovesac financial statements analysis is a perfect complement when working with Lovesac Valuation or Volatility modules.
  
Check out the analysis of Lovesac Correlation against competitors.

Latest Lovesac's Tax Provision Growth Pattern

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

Lovesac Tax Provision Regression Statistics

Arithmetic Mean1,365,301
Coefficient Of Variation326.03
Mean Deviation3,051,226
Median138,000
Standard Deviation4,451,320
Sample Variance19.8T
Range18.3M
R-Value0.45
Mean Square Error17T
R-Squared0.20
Significance0.09
Slope448,310
Total Sum of Squares277.4T

Lovesac Tax Provision History

20248.4 M
2023M
202210.7 M
2021-7.6 M
202085.7 K
201943.3 K
201816.4 K

About Lovesac Financial Statements

Lovesac stakeholders use historical fundamental indicators, such as Lovesac's Tax Provision, to determine how well the company is positioned to perform in the future. Although Lovesac investors may analyze each financial statement separately, they are all interrelated. For example, changes in Lovesac's assets and liabilities are reflected in the revenues and expenses on Lovesac'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 Lovesac. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax ProvisionM8.4 M

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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.
When determining whether Lovesac is a strong investment it is important to analyze Lovesac'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 Lovesac's future performance. For an informed investment choice regarding Lovesac Stock, refer to the following important reports:
Check out the analysis of Lovesac Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Household Durables 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 Lovesac. If investors know Lovesac 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 Lovesac 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
0.137
Earnings Share
0.55
Revenue Per Share
44.625
Quarterly Revenue Growth
0.013
Return On Assets
0.0144
The market value of Lovesac is measured differently than its book value, which is the value of Lovesac that is recorded on the company's balance sheet. Investors also form their own opinion of Lovesac's value that differs from its market value or its book value, called intrinsic value, which is Lovesac'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 Lovesac's market value can be influenced by many factors that don't directly affect Lovesac'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 Lovesac's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lovesac is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lovesac'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.