Luna Tax Provision from 2010 to 2024
LUNA Stock | USD 1.64 0.01 0.61% |
Tax Provision | First Reported 2010-12-31 | Previous Quarter -416 K | Current Value -436.8 K | Quarterly Volatility 598.1 K |
Check Luna Innovations financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Luna Innovations' main balance sheet or income statement drivers, such as Interest Expense of 2.1 M, Total Revenue of 122.4 M or Gross Profit of 72.2 M, as well as many indicators such as Price To Sales Ratio of 9.97, Dividend Yield of 1.49 or PTB Ratio of 11.69. Luna financial statements analysis is a perfect complement when working with Luna Innovations Valuation or Volatility modules.
Luna | Tax Provision |
Latest Luna Innovations' Tax Provision Growth Pattern
Below is the plot of the Tax Provision of Luna Innovations Incorporated 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. Luna Innovations' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Luna Innovations' overall financial position and show how it may be relating to other accounts over time.
Tax Provision | 10 Years Trend |
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Tax Provision |
Timeline |
Luna Tax Provision Regression Statistics
Arithmetic Mean | (490,359) | |
Geometric Mean | 381,495 | |
Coefficient Of Variation | (121.97) | |
Mean Deviation | 353,818 | |
Median | (470,610) | |
Standard Deviation | 598,100 | |
Sample Variance | 357.7B | |
Range | 2.3M | |
R-Value | (0.11) | |
Mean Square Error | 380.5B | |
R-Squared | 0.01 | |
Significance | 0.69 | |
Slope | (14,855) | |
Total Sum of Squares | 5T |
Luna Tax Provision History
About Luna Innovations Financial Statements
Luna Innovations stakeholders use historical fundamental indicators, such as Luna Innovations' Tax Provision, to determine how well the company is positioned to perform in the future. Although Luna Innovations investors may analyze each financial statement separately, they are all interrelated. For example, changes in Luna Innovations' assets and liabilities are reflected in the revenues and expenses on Luna Innovations' 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 Luna Innovations Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Tax Provision | -416 K | -436.8 K |
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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 Luna Innovations offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Luna Innovations' 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 Luna Innovations Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Luna Innovations Incorporated Stock:Check out the analysis of Luna Innovations Correlation against competitors. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Electronic Equipment, Instruments & Components 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 Luna Innovations. If investors know Luna 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 Luna Innovations 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 (0.68) | Earnings Share (0.03) | Revenue Per Share 3.487 | Quarterly Revenue Growth 0.053 | Return On Assets 0.0055 |
The market value of Luna Innovations is measured differently than its book value, which is the value of Luna that is recorded on the company's balance sheet. Investors also form their own opinion of Luna Innovations' value that differs from its market value or its book value, called intrinsic value, which is Luna Innovations' 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 Luna Innovations' market value can be influenced by many factors that don't directly affect Luna Innovations' 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 Luna Innovations' value and its price as these two are different measures arrived at by different means. Investors typically determine if Luna Innovations is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luna Innovations' 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.