MicroAlgo Tax Provision from 2010 to 2024

MLGO Stock   0.17  0  0.59%   
MicroAlgo Tax Provision yearly trend continues to be very stable with very little volatility. Tax Provision is likely to grow to about -335.4 K this year. Tax Provision is the amount set aside by MicroAlgo to cover any estimated taxes for the current period. It reflects MicroAlgo's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
-353 K
Current Value
-335.4 K
Quarterly Volatility
1.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MicroAlgo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MicroAlgo's main balance sheet or income statement drivers, such as Selling General Administrative of 21.1 M, Other Operating Expenses of 68.1 M or Total Operating Expenses of 45.4 M, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.0 or PTB Ratio of 0.79. MicroAlgo financial statements analysis is a perfect complement when working with MicroAlgo Valuation or Volatility modules.
  
Check out the analysis of MicroAlgo Correlation against competitors.
To learn how to invest in MicroAlgo Stock, please use our How to Invest in MicroAlgo guide.

Latest MicroAlgo's Tax Provision Growth Pattern

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

MicroAlgo Tax Provision Regression Statistics

Arithmetic Mean1,747,132
Coefficient Of Variation69.96
Mean Deviation1,025,937
Median2,446,634
Standard Deviation1,222,255
Sample Variance1.5T
Range3M
R-Value(0.77)
Mean Square Error654.9B
R-Squared0.59
Significance0.0008
Slope(210,453)
Total Sum of Squares20.9T

MicroAlgo Tax Provision History

2024-335.4 K
2023-353 K
2022-564.8 K
2021547.2 K

About MicroAlgo Financial Statements

MicroAlgo investors utilize fundamental indicators, such as Tax Provision, to predict how MicroAlgo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision-353 K-335.4 K
When determining whether MicroAlgo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MicroAlgo'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 Microalgo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Microalgo Stock:
Check out the analysis of MicroAlgo Correlation against competitors.
To learn how to invest in MicroAlgo Stock, please use our How to Invest in MicroAlgo guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Application Software 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 MicroAlgo. If investors know MicroAlgo 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 MicroAlgo 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
(0.90)
Earnings Share
(7.03)
Revenue Per Share
79.717
Quarterly Revenue Growth
0.081
Return On Assets
(0.11)
The market value of MicroAlgo is measured differently than its book value, which is the value of MicroAlgo that is recorded on the company's balance sheet. Investors also form their own opinion of MicroAlgo's value that differs from its market value or its book value, called intrinsic value, which is MicroAlgo'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 MicroAlgo's market value can be influenced by many factors that don't directly affect MicroAlgo'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 MicroAlgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroAlgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroAlgo'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.