Orthofix Tax Provision from 2010 to 2024

OFIX Stock  USD 18.68  0.19  1.01%   
Orthofix Medical Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 2.6 M in 2024. Tax Provision is the amount set aside by Orthofix Medical to cover any estimated taxes for the current period. It reflects Orthofix Medical's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
851 K
Current Value
1.1 M
Quarterly Volatility
8.2 M
 
Covid
Check Orthofix Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Orthofix Medical's main balance sheet or income statement drivers, such as Interest Expense of 9.1 M, Total Revenue of 784 M or Gross Profit of 259.2 M, as well as many indicators such as Price To Sales Ratio of 0.63, Dividend Yield of 0.0 or PTB Ratio of 0.79. Orthofix financial statements analysis is a perfect complement when working with Orthofix Medical Valuation or Volatility modules.
  
Check out the analysis of Orthofix Medical Correlation against competitors.
For more information on how to buy Orthofix Stock please use our How to Invest in Orthofix Medical guide.

Latest Orthofix Medical's Tax Provision Growth Pattern

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

Orthofix Tax Provision Regression Statistics

Arithmetic Mean9,969,747
Coefficient Of Variation86.17
Mean Deviation5,983,637
Median10,849,000
Standard Deviation8,590,873
Sample Variance73.8T
Range32M
R-Value(0.30)
Mean Square Error72.4T
R-Squared0.09
Significance0.28
Slope(575,345)
Total Sum of Squares1033.2T

Orthofix Tax Provision History

20242.6 M
20232.7 M
2022M
202124.9 M
2020-2.9 M
20191.4 M
20189.1 M

About Orthofix Medical Financial Statements

Orthofix Medical investors use historical fundamental indicators, such as Orthofix Medical'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 Orthofix Medical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision2.7 M2.6 M

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Additional Tools for Orthofix Stock Analysis

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