Optex Tax Provision from 2010 to 2024

OPXS Stock  USD 8.97  0.03  0.34%   
Optex Systems 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 Optex Systems Holdings, to cover any estimated taxes for the current period. It reflects Optex Systems' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
285 K
Current Value
337 K
Quarterly Volatility
343.1 K
 
Covid
Check Optex Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Optex Systems' main balance sheet or income statement drivers, such as Gross Profit of 8 M, Other Operating Expenses of 19.6 M or Operating Income of 3.4 M, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.035 or Days Sales Outstanding of 39.44. Optex financial statements analysis is a perfect complement when working with Optex Systems Valuation or Volatility modules.
  
Check out the analysis of Optex Systems Correlation against competitors.

Latest Optex Systems' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Optex Systems Holdings, 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. Optex Systems' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Optex Systems' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Optex Tax Provision Regression Statistics

Arithmetic Mean92,378
Geometric Mean0.00
Coefficient Of Variation455.48
Mean Deviation277,653
Median0.00
Standard Deviation420,766
Sample Variance177B
Range1.7M
R-Value0.40
Mean Square Error159.7B
R-Squared0.16
Significance0.14
Slope37,894
Total Sum of Squares2.5T

Optex Tax Provision History

2024566.3 K
2023539.4 K
2022469 K
2021364 K
2020-101 K
2019531 K
2018-1.1 M

About Optex Systems Financial Statements

Optex Systems shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Optex Systems investors may analyze each financial statement separately, they are all interrelated. The changes in Optex Systems' assets and liabilities, for example, are also reflected in the revenues and expenses on on Optex Systems' 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 Provision539.4 K566.3 K

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 Optex Stock Analysis

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