Penguin Tax Provision from 2010 to 2024

PENG Stock   18.08  0.43  2.44%   
Penguin Solutions,'s Tax Provision is decreasing over the last several years with stable swings. Tax Provision is estimated to finish at about 11.1 M this year. Tax Provision is the amount set aside by Penguin Solutions, to cover any estimated taxes for the current period. It reflects Penguin Solutions,'s expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
10.6 M
Current Value
11.1 M
Quarterly Volatility
15.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Penguin Solutions, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Penguin Solutions,'s main balance sheet or income statement drivers, such as Tax Provision of 11.1 M, Interest Expense of 26.7 M or Selling General Administrative of 215.7 M, as well as many indicators such as . Penguin financial statements analysis is a perfect complement when working with Penguin Solutions, Valuation or Volatility modules.
  
Check out the analysis of Penguin Solutions, Correlation against competitors.
For more detail on how to invest in Penguin Stock please use our How to Invest in Penguin Solutions, guide.

Latest Penguin Solutions,'s Tax Provision Growth Pattern

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

Penguin Tax Provision Regression Statistics

Arithmetic Mean7,023,793
Coefficient Of Variation223.23
Mean Deviation7,496,906
Median10,503,000
Standard Deviation15,679,027
Sample Variance245.8T
Range67.3M
R-Value(0.27)
Mean Square Error245.4T
R-Squared0.07
Significance0.33
Slope(948,131)
Total Sum of Squares3441.6T

Penguin Tax Provision History

202411.1 M
202310.6 M
2022-49.2 M
202118.1 M
20209.7 M

About Penguin Solutions, Financial Statements

Penguin Solutions, stakeholders use historical fundamental indicators, such as Penguin Solutions,'s Tax Provision, to determine how well the company is positioned to perform in the future. Although Penguin Solutions, investors may analyze each financial statement separately, they are all interrelated. For example, changes in Penguin Solutions,'s assets and liabilities are reflected in the revenues and expenses on Penguin Solutions,'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 Penguin Solutions,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision10.6 M11.1 M

Currently Active Assets on Macroaxis

When determining whether Penguin Solutions, is a strong investment it is important to analyze Penguin Solutions,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Penguin Solutions,'s future performance. For an informed investment choice regarding Penguin Stock, refer to the following important reports:
Check out the analysis of Penguin Solutions, Correlation against competitors.
For more detail on how to invest in Penguin Stock please use our How to Invest in Penguin Solutions, guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Electronic Equipment 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 Penguin Solutions,. If investors know Penguin 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 Penguin Solutions, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.85)
Revenue Per Share
22.332
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0086
Return On Equity
(0.13)
The market value of Penguin Solutions, is measured differently than its book value, which is the value of Penguin that is recorded on the company's balance sheet. Investors also form their own opinion of Penguin Solutions,'s value that differs from its market value or its book value, called intrinsic value, which is Penguin Solutions,'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 Penguin Solutions,'s market value can be influenced by many factors that don't directly affect Penguin Solutions,'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 Penguin Solutions,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Penguin Solutions, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penguin Solutions,'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.