NetScout Tax Provision from 2010 to 2024

NTCT Stock  USD 21.81  0.25  1.16%   
NetScout Systems Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by NetScout Systems to cover any estimated taxes for the current period. It reflects NetScout Systems' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
-10.3 M
Current Value
3.3 M
Quarterly Volatility
4.2 M
 
Covid
Check NetScout Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NetScout Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 78.7 M, Interest Expense of 5.6 M or Total Revenue of 491 M, as well as many indicators such as Price To Sales Ratio of 2.86, Dividend Yield of 0.0 or PTB Ratio of 0.85. NetScout financial statements analysis is a perfect complement when working with NetScout Systems Valuation or Volatility modules.
  
Check out the analysis of NetScout Systems Correlation against competitors.
For more information on how to buy NetScout Stock please use our How to Invest in NetScout Systems guide.

Latest NetScout Systems' Tax Provision Growth Pattern

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

NetScout Tax Provision Regression Statistics

Arithmetic Mean(6,237,387)
Geometric Mean6,492,729
Coefficient Of Variation(431.29)
Mean Deviation14,077,897
Median(4,070,000)
Standard Deviation26,901,394
Sample Variance723.7T
Range117.4M
R-Value0.12
Mean Square Error767.9T
R-Squared0.01
Significance0.67
Slope730,598
Total Sum of Squares10131.6T

NetScout Tax Provision History

20243.4 M
20233.2 M
20228.8 M
2021M
2020M
20194.7 M
2018-19.6 M

About NetScout Systems Financial Statements

NetScout Systems shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although NetScout Systems investors may analyze each financial statement separately, they are all interrelated. The changes in NetScout Systems' assets and liabilities, for example, are also reflected in the revenues and expenses on on NetScout Systems' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision3.2 M3.4 M

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Additional Tools for NetScout Stock Analysis

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