Mesa Tax Provision from 2010 to 2024

MLAB Stock  USD 100.86  2.27  2.30%   
Mesa Laboratories' Tax Provision is decreasing over the years with slightly volatile fluctuation. Overall, Tax Provision is projected to go to about -20.3 M this year. Tax Provision is the amount set aside by Mesa Laboratories to cover any estimated taxes for the current period. It reflects Mesa Laboratories' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
-20.7 M
Current Value
517 K
Quarterly Volatility
4.5 M
 
Covid
Check Mesa Laboratories financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mesa Laboratories' main balance sheet or income statement drivers, such as Interest Expense of 6 M, Total Revenue of 227 M or Gross Profit of 139.9 M, as well as many indicators such as Price To Sales Ratio of 2.94, Dividend Yield of 0.0054 or PTB Ratio of 2.35. Mesa financial statements analysis is a perfect complement when working with Mesa Laboratories Valuation or Volatility modules.
  
Check out the analysis of Mesa Laboratories Correlation against competitors.
For information on how to trade Mesa Stock refer to our How to Trade Mesa Stock guide.

Latest Mesa Laboratories' Tax Provision Growth Pattern

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

Mesa Tax Provision Regression Statistics

Arithmetic Mean32,273
Geometric Mean3,863,799
Coefficient Of Variation27,320
Mean Deviation5,887,066
Median3,113,000
Standard Deviation8,816,919
Sample Variance77.7T
Range27.2M
R-Value(0.77)
Mean Square Error34.3T
R-Squared0.59
Significance0.0008
Slope(1,514,676)
Total Sum of Squares1088.3T

Mesa Tax Provision History

2024-20.3 M
2023-21.4 M
2022-1.3 M
20211.7 M
2020-971 K
20192.1 M
20181.1 M

About Mesa Laboratories Financial Statements

Mesa Laboratories stakeholders use historical fundamental indicators, such as Mesa Laboratories' Tax Provision, to determine how well the company is positioned to perform in the future. Although Mesa Laboratories investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mesa Laboratories' assets and liabilities are reflected in the revenues and expenses on Mesa Laboratories' 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 Mesa Laboratories. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision-21.4 M-20.3 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.
When determining whether Mesa Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mesa Laboratories' 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 Mesa Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mesa Laboratories Stock:
Check out the analysis of Mesa Laboratories Correlation against competitors.
For information on how to trade Mesa Stock refer to our How to Trade Mesa Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Life Sciences Tools & Services 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 Mesa Laboratories. If investors know Mesa 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 Mesa Laboratories 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
3.875
Dividend Share
0.64
Earnings Share
(45.62)
Revenue Per Share
42.3
Quarterly Revenue Growth
0.088
The market value of Mesa Laboratories is measured differently than its book value, which is the value of Mesa that is recorded on the company's balance sheet. Investors also form their own opinion of Mesa Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Mesa Laboratories' 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 Mesa Laboratories' market value can be influenced by many factors that don't directly affect Mesa Laboratories' 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 Mesa Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesa Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesa Laboratories' 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.