NVIDIA Tax Provision from 2010 to 2024

NVDA Stock  USD 146.67  0.78  0.53%   
NVIDIA's Tax Provision is increasing over the years with slightly volatile fluctuation. Overall, Tax Provision is expected to go to about 4.3 B this year. Tax Provision is the amount set aside by NVIDIA to cover any estimated taxes for the current period. It reflects NVIDIA's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-01-31
Previous Quarter
2.4 B
Current Value
2.6 B
Quarterly Volatility
814.6 M
 
Covid
Check NVIDIA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NVIDIA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 269.9 M or Selling General Administrative of 2.8 B, as well as many indicators such as Price To Sales Ratio of 19.6, Dividend Yield of 0.0012 or PTB Ratio of 19.34. NVIDIA financial statements analysis is a perfect complement when working with NVIDIA Valuation or Volatility modules.
  
Check out the analysis of NVIDIA Correlation against competitors.
For information on how to trade NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.

Latest NVIDIA's Tax Provision Growth Pattern

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

NVIDIA Tax Provision Regression Statistics

Arithmetic Mean632,593,333
Geometric Mean233,254,314
Coefficient Of Variation227.38
Mean Deviation940,495,111
Median129,000,000
Standard Deviation1,438,404,521
Sample Variance2069007.6T
Range4.5B
R-Value0.56
Mean Square Error1524563.4T
R-Squared0.32
Significance0.03
Slope180,740,357
Total Sum of Squares28966105.9T

NVIDIA Tax Provision History

20244.3 B
20234.1 B
2022-187 M
2021189 M
202077 M
2019174 M
2018-245 M

About NVIDIA Financial Statements

NVIDIA stakeholders use historical fundamental indicators, such as NVIDIA's Tax Provision, to determine how well the company is positioned to perform in the future. Although NVIDIA investors may analyze each financial statement separately, they are all interrelated. For example, changes in NVIDIA's assets and liabilities are reflected in the revenues and expenses on NVIDIA's 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 NVIDIA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision4.1 B4.3 B

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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 NVIDIA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVIDIA'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 Nvidia Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nvidia Stock:
Is Semiconductors & Semiconductor Equipment 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 NVIDIA. If investors know NVIDIA 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 NVIDIA 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
1.68
Dividend Share
0.022
Earnings Share
2.12
Revenue Per Share
3.91
Quarterly Revenue Growth
1.224
The market value of NVIDIA is measured differently than its book value, which is the value of NVIDIA that is recorded on the company's balance sheet. Investors also form their own opinion of NVIDIA's value that differs from its market value or its book value, called intrinsic value, which is NVIDIA'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 NVIDIA's market value can be influenced by many factors that don't directly affect NVIDIA'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 NVIDIA's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVIDIA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVIDIA'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.