Grupo Tax Provision from 2010 to 2024

PAC Stock  USD 183.45  1.80  0.97%   
Grupo Aeroportuario's Tax Provision is increasing over the years with slightly volatile fluctuation. Tax Provision is expected to dwindle to about 2 B. Tax Provision is the amount set aside by Grupo Aeroportuario del to cover any estimated taxes for the current period. It reflects Grupo Aeroportuario's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
921.5 M
Current Value
594.9 M
Quarterly Volatility
310.2 M
 
Covid
Check Grupo Aeroportuario financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grupo Aeroportuario's main balance sheet or income statement drivers, such as Interest Expense of 3.5 B, Selling General Administrative of 140.5 M or Total Revenue of 34.9 B, as well as many indicators such as Price To Sales Ratio of 5.76, Dividend Yield of 0.0372 or PTB Ratio of 7.99. Grupo financial statements analysis is a perfect complement when working with Grupo Aeroportuario Valuation or Volatility modules.
  
Check out the analysis of Grupo Aeroportuario Correlation against competitors.

Latest Grupo Aeroportuario's Tax Provision Growth Pattern

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

Grupo Tax Provision Regression Statistics

Arithmetic Mean1,498,631,275
Geometric Mean1,286,914,077
Coefficient Of Variation59.74
Mean Deviation697,272,863
Median1,266,573,000
Standard Deviation895,238,590
Sample Variance801452.1T
Range3.1B
R-Value0.73
Mean Square Error401292.2T
R-Squared0.54
Significance0
Slope146,428,078
Total Sum of Squares11220329.9T

Grupo Tax Provision History

2024B
20233.6 B
20223.1 B
20211.8 B
2020467.1 M
20191.9 B
20181.9 B

About Grupo Aeroportuario Financial Statements

Grupo Aeroportuario stakeholders use historical fundamental indicators, such as Grupo Aeroportuario's Tax Provision, to determine how well the company is positioned to perform in the future. Although Grupo Aeroportuario investors may analyze each financial statement separately, they are all interrelated. For example, changes in Grupo Aeroportuario's assets and liabilities are reflected in the revenues and expenses on Grupo Aeroportuario's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Grupo Aeroportuario del. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision3.6 BB

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Grupo Aeroportuario del offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grupo Aeroportuario'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 Grupo Aeroportuario Del Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Grupo Aeroportuario Del Stock:
Check out the analysis of Grupo Aeroportuario Correlation against competitors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Transportation Infrastructure 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 Grupo Aeroportuario. If investors know Grupo 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 Grupo Aeroportuario 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
(0.20)
Earnings Share
8.58
Revenue Per Share
3.4586
Quarterly Revenue Growth
0.114
Return On Assets
0.1241
The market value of Grupo Aeroportuario del is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Aeroportuario's value that differs from its market value or its book value, called intrinsic value, which is Grupo Aeroportuario'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 Grupo Aeroportuario's market value can be influenced by many factors that don't directly affect Grupo Aeroportuario'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 Grupo Aeroportuario's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Aeroportuario is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Aeroportuario'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.