Opthea Tax Provision from 2010 to 2024

OPT Stock  USD 3.17  0.01  0.32%   
Opthea Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about -9.9 M in 2024. Tax Provision is the amount set aside by Opthea to cover any estimated taxes for the current period. It reflects Opthea's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
-9.4 M
Current Value
-9.9 M
Quarterly Volatility
3.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Opthea financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Opthea's main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.9 K, Interest Expense of 31.8 M or Other Operating Expenses of 201.6 M, as well as many indicators such as Price To Sales Ratio of 2.1 K, Dividend Yield of 0.0012 or Days Sales Outstanding of 36.4 K. Opthea financial statements analysis is a perfect complement when working with Opthea Valuation or Volatility modules.
  
Check out the analysis of Opthea Correlation against competitors.
For more information on how to buy Opthea Stock please use our How to Invest in Opthea guide.

Latest Opthea's Tax Provision Growth Pattern

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

Opthea Tax Provision Regression Statistics

Arithmetic Mean(6,254,814)
Coefficient Of Variation(60.48)
Mean Deviation3,100,366
Median(4,938,846)
Standard Deviation3,782,787
Sample Variance14.3T
Range11.5M
R-Value(0.58)
Mean Square Error10.2T
R-Squared0.34
Significance0.02
Slope(493,928)
Total Sum of Squares200.3T

Opthea Tax Provision History

2024-9.9 M
2023-9.4 M
2022-5.9 M
2021-6.3 M
2020-4.9 M
2019-8.5 M
2018-14.6 M

About Opthea Financial Statements

Opthea shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Opthea investors may analyze each financial statement separately, they are all interrelated. The changes in Opthea's assets and liabilities, for example, are also reflected in the revenues and expenses on on Opthea'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-9.4 M-9.9 M

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Additional Tools for Opthea Stock Analysis

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