Nova Tax Provision from 2010 to 2025

NVMI Stock  USD 242.01  9.63  4.14%   
Nova's Tax Provision is increasing with slightly volatile movements from year to year. Tax Provision is estimated to finish at about 22.3 M this year. Tax Provision is the amount set aside by Nova to cover any estimated taxes for the current period. It reflects Nova's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
8.4 M
Current Value
M
Quarterly Volatility
2.4 M
 
Covid
Check Nova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.6 M, Interest Expense of 1.2 M or Total Revenue of 625.4 M, as well as many indicators such as Price To Sales Ratio of 7.23, Dividend Yield of 0.0 or PTB Ratio of 4.05. Nova financial statements analysis is a perfect complement when working with Nova Valuation or Volatility modules.
  
Check out the analysis of Nova Correlation against competitors.
For more detail on how to invest in Nova Stock please use our How to Invest in Nova guide.

Latest Nova's Tax Provision Growth Pattern

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

Nova Tax Provision Regression Statistics

Arithmetic Mean7,047,998
Geometric Mean7,056,531
Coefficient Of Variation143.17
Mean Deviation8,917,123
Median8,589,000
Standard Deviation10,090,270
Sample Variance101.8T
Range25.8M
R-Value0.94
Mean Square Error13.7T
R-Squared0.87
Slope1,982,228
Total Sum of Squares1527.2T

Nova Tax Provision History

202522.3 M
202421.3 M
202318.5 M
202218.2 M
202116.2 M
20208.6 M
20194.3 M

About Nova Financial Statements

Investors use fundamental indicators, such as Nova's Tax Provision, to determine how well the company is positioned to perform in the future. Although Nova's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Tax Provision21.3 M22.3 M

Currently Active Assets on Macroaxis

When determining whether Nova offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nova'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 Nova Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nova Stock:
Check out the analysis of Nova Correlation against competitors.
For more detail on how to invest in Nova Stock please use our How to Invest in Nova guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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 Nova. If investors know Nova 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 Nova 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
0.524
Earnings Share
5.34
Revenue Per Share
21.047
Quarterly Revenue Growth
0.389
Return On Assets
0.0857
The market value of Nova is measured differently than its book value, which is the value of Nova that is recorded on the company's balance sheet. Investors also form their own opinion of Nova's value that differs from its market value or its book value, called intrinsic value, which is Nova'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 Nova's market value can be influenced by many factors that don't directly affect Nova'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 Nova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nova'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.