Multi Tax Provision from 2010 to 2024

MWG Stock   0.25  0.01  4.17%   
Multi Ways' Tax Provision is increasing over the last several years with slightly volatile swings. Tax Provision is estimated to finish at about -50.4 K this year. Tax Provision is the amount set aside by Multi Ways Holdings to cover any estimated taxes for the current period. It reflects Multi Ways' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
-53 K
Current Value
-50.4 K
Quarterly Volatility
148 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Multi Ways financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Multi Ways' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 M, Interest Expense of 1 M or Total Revenue of 34.2 M, as well as many indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 1.68 or PTB Ratio of 0.38. Multi financial statements analysis is a perfect complement when working with Multi Ways Valuation or Volatility modules.
  
Check out the analysis of Multi Ways Correlation against competitors.

Latest Multi Ways' Tax Provision Growth Pattern

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

Multi Tax Provision Regression Statistics

Arithmetic Mean45,910
Geometric Mean8,266
Coefficient Of Variation322.32
Mean Deviation88,957
Median3,000
Standard Deviation147,979
Sample Variance21.9B
Range582K
R-Value0.31
Mean Square Error21.4B
R-Squared0.09
Significance0.27
Slope10,102
Total Sum of Squares306.6B

Multi Tax Provision History

2024-50.4 K
2023-53 K
2022529 K
2021230 K

About Multi Ways Financial Statements

Multi Ways stakeholders use historical fundamental indicators, such as Multi Ways' Tax Provision, to determine how well the company is positioned to perform in the future. Although Multi Ways investors may analyze each financial statement separately, they are all interrelated. For example, changes in Multi Ways' assets and liabilities are reflected in the revenues and expenses on Multi Ways' 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 Multi Ways Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision-53 K-50.4 K

Currently Active Assets on Macroaxis

When determining whether Multi Ways Holdings is a strong investment it is important to analyze Multi Ways' 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 Multi Ways' future performance. For an informed investment choice regarding Multi Stock, refer to the following important reports:
Check out the analysis of Multi Ways 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 Industrial Machinery & Supplies & 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 Multi Ways. If investors know Multi 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 Multi Ways 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
(0.17)
Earnings Share
0.06
Revenue Per Share
1.23
Quarterly Revenue Growth
0.185
Return On Assets
(0.03)
The market value of Multi Ways Holdings is measured differently than its book value, which is the value of Multi that is recorded on the company's balance sheet. Investors also form their own opinion of Multi Ways' value that differs from its market value or its book value, called intrinsic value, which is Multi Ways' 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 Multi Ways' market value can be influenced by many factors that don't directly affect Multi Ways' 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 Multi Ways' value and its price as these two are different measures arrived at by different means. Investors typically determine if Multi Ways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Multi Ways' 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.