Praxis Tax Provision from 2010 to 2024

PRAX Stock  USD 80.17  0.72  0.91%   
Praxis Precision Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Praxis Precision Medicines to cover any estimated taxes for the current period. It reflects Praxis Precision's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
-4.5 K
Current Value
-4.3 K
Quarterly Volatility
78.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Praxis Precision financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Praxis Precision's main balance sheet or income statement drivers, such as Net Interest Income of 109.3 K, Interest Income of 155.8 K or Depreciation And Amortization of 240.9 K, as well as many indicators such as Price To Sales Ratio of 48.03, Dividend Yield of 0.0 or PTB Ratio of 1.62. Praxis financial statements analysis is a perfect complement when working with Praxis Precision Valuation or Volatility modules.
  
Check out the analysis of Praxis Precision Correlation against competitors.

Latest Praxis Precision's Tax Provision Growth Pattern

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

Praxis Tax Provision Regression Statistics

Arithmetic Mean73,082
Coefficient Of Variation107.43
Mean Deviation71,902
Median133,000
Standard Deviation78,511
Sample Variance6.2B
Range217K
R-Value(0.78)
Mean Square Error2.6B
R-Squared0.61
Significance0.0006
Slope(13,732)
Total Sum of Squares86.3B

Praxis Tax Provision History

2024 -4275.0
2023 -4500.0
2022 -5000.0
2021 5000.0
2020 -8000.0
2019-84 K

About Praxis Precision Financial Statements

Praxis Precision investors use historical fundamental indicators, such as Praxis Precision's Tax Provision, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Praxis Precision. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision-4.5 K-4.3 K

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Additional Tools for Praxis Stock Analysis

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