Raytech Tax Provision from 2010 to 2024

RAY Stock   1.49  0.06  3.87%   
Raytech Holding Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 1.9 M in 2024. Tax Provision is the amount set aside by Raytech Holding Limited to cover any estimated taxes for the current period. It reflects Raytech Holding's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
2.8 M
Current Value
1.9 M
Quarterly Volatility
484.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Raytech Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Raytech Holding's main balance sheet or income statement drivers, such as Tax Provision of 1.9 M, Net Interest Income of 1.5 M or Interest Income of 1.5 M, as well as many indicators such as Price To Sales Ratio of 7.51, Dividend Yield of 3.0E-4 or PTB Ratio of 16.19. Raytech financial statements analysis is a perfect complement when working with Raytech Holding Valuation or Volatility modules.
  
Check out the analysis of Raytech Holding Correlation against competitors.

Latest Raytech Holding's Tax Provision Growth Pattern

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

Raytech Tax Provision Regression Statistics

Arithmetic Mean1,313,325
Geometric Mean1,256,010
Coefficient Of Variation36.91
Mean Deviation332,936
Median1,098,347
Standard Deviation484,774
Sample Variance235B
Range1.7M
R-Value0.62
Mean Square Error156.4B
R-Squared0.38
Significance0.01
Slope67,013
Total Sum of Squares3.3T

Raytech Tax Provision History

20241.9 M
20232.8 M
20221.2 M
20211.7 M

About Raytech Holding Financial Statements

Raytech Holding investors use historical fundamental indicators, such as Raytech Holding'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 Raytech Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision2.8 M1.9 M

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Additional Tools for Raytech Stock Analysis

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