Oportun Tax Provision from 2010 to 2024

OPRT Stock  USD 3.16  0.13  4.29%   
Oportun Financial 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 Oportun Financial Corp to cover any estimated taxes for the current period. It reflects Oportun Financial's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
-4 M
Current Value
-18.1 M
Quarterly Volatility
11.6 M
 
Covid
Check Oportun Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oportun Financial's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 188.4 M or Selling General Administrative of 133.9 M, as well as many indicators such as Price To Sales Ratio of 0.13, Dividend Yield of 0.0 or PTB Ratio of 0.34. Oportun financial statements analysis is a perfect complement when working with Oportun Financial Valuation or Volatility modules.
  
Check out the analysis of Oportun Financial Correlation against competitors.

Latest Oportun Financial's Tax Provision Growth Pattern

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

Oportun Tax Provision Regression Statistics

Arithmetic Mean(17,970,717)
Geometric Mean25,512,746
Coefficient Of Variation(171.15)
Mean Deviation25,930,707
Median(34,802,000)
Standard Deviation30,756,505
Sample Variance946T
Range104.4M
R-Value0.19
Mean Square Error980.9T
R-Squared0.04
Significance0.49
Slope1,325,731
Total Sum of Squares13243.5T

Oportun Tax Provision History

2024-54.9 M
2023-57.7 M
20222.5 M
202115.4 M
2020-13 M
201922.8 M
201846.7 M

About Oportun Financial Financial Statements

Oportun Financial shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Oportun Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Oportun Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Oportun Financial's 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 Provision-57.7 M-54.9 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Oportun Stock Analysis

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