Matrix Tax Provision from 2010 to 2024

MTRX Stock  USD 13.30  0.15  1.12%   
Matrix Service Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Matrix Service Co to cover any estimated taxes for the current period. It reflects Matrix Service's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
-40 K
Current Value
0.0
Quarterly Volatility
3.5 M
 
Covid
Check Matrix Service financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Matrix Service's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.3 M, Interest Expense of 1.4 M or Total Revenue of 649.8 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0 or PTB Ratio of 1.85. Matrix financial statements analysis is a perfect complement when working with Matrix Service Valuation or Volatility modules.
  
Check out the analysis of Matrix Service Correlation against competitors.

Latest Matrix Service's Tax Provision Growth Pattern

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

Matrix Tax Provision Regression Statistics

Arithmetic Mean4,411,587
Geometric Mean2,691,789
Coefficient Of Variation162.59
Mean Deviation6,042,708
Median5,617,000
Standard Deviation7,172,985
Sample Variance51.5T
Range26.2M
R-Value(0.66)
Mean Square Error31.4T
R-Squared0.43
Significance0.01
Slope(1,055,730)
Total Sum of Squares720.3T

Matrix Tax Provision History

2024-34.2 K
2023-36 K
2022-400 K
20215.6 M
2020-12 M
2019-3.6 M
201810.4 M

About Matrix Service Financial Statements

Matrix Service investors use historical fundamental indicators, such as Matrix Service'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 Matrix Service. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision-36 K-34.2 K

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Additional Tools for Matrix Stock Analysis

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