RBC Tax Provision from 2010 to 2024

RBC Stock  USD 336.82  12.37  3.81%   
RBC Bearings' Tax Provision is increasing over the years with slightly volatile fluctuation. Tax Provision is expected to dwindle to about 39 M. Tax Provision is the amount set aside by RBC Bearings Incorporated to cover any estimated taxes for the current period. It reflects RBC Bearings' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
18.5 M
Current Value
15.2 M
Quarterly Volatility
4.6 M
 
Covid
Check RBC Bearings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RBC Bearings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 125.3 M, Interest Expense of 82.6 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 5.54, Dividend Yield of 0.0014 or PTB Ratio of 2.2. RBC financial statements analysis is a perfect complement when working with RBC Bearings Valuation or Volatility modules.
  
Check out the analysis of RBC Bearings Correlation against competitors.

Latest RBC Bearings' Tax Provision Growth Pattern

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

RBC Tax Provision Regression Statistics

Arithmetic Mean27,470,000
Geometric Mean26,384,366
Coefficient Of Variation33.62
Mean Deviation6,872,000
Median23,100,000
Standard Deviation9,235,835
Sample Variance85.3T
Range28.8M
R-Value0.67
Mean Square Error50.6T
R-Squared0.45
Significance0.01
Slope1,384,107
Total Sum of Squares1194.2T

RBC Tax Provision History

202439 M
202351.9 M
202243 M
202124 M

About RBC Bearings Financial Statements

RBC Bearings stakeholders use historical fundamental indicators, such as RBC Bearings' Tax Provision, to determine how well the company is positioned to perform in the future. Although RBC Bearings investors may analyze each financial statement separately, they are all interrelated. For example, changes in RBC Bearings' assets and liabilities are reflected in the revenues and expenses on RBC Bearings' 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 RBC Bearings Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision51.9 M39 M

Also Currently Popular

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 RBC Bearings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RBC Bearings' 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 Rbc Bearings Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rbc Bearings Incorporated Stock:
Check out the analysis of RBC Bearings Correlation against competitors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Electrical Components & 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 RBC Bearings. If investors know RBC 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 RBC Bearings 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
0.044
Earnings Share
6.87
Revenue Per Share
54.835
Quarterly Revenue Growth
0.032
Return On Assets
0.0475
The market value of RBC Bearings is measured differently than its book value, which is the value of RBC that is recorded on the company's balance sheet. Investors also form their own opinion of RBC Bearings' value that differs from its market value or its book value, called intrinsic value, which is RBC Bearings' 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 RBC Bearings' market value can be influenced by many factors that don't directly affect RBC Bearings' 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 RBC Bearings' value and its price as these two are different measures arrived at by different means. Investors typically determine if RBC Bearings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBC Bearings' 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.