Avita Tax Provision from 2010 to 2024

RCEL Stock  USD 13.34  0.47  3.65%   
Avita Medical Tax Provision yearly trend continues to be quite stable with very little volatility. Tax Provision may rise above about 69.3 K this year. Tax Provision is the amount set aside by Avita Medical to cover any estimated taxes for the current period. It reflects Avita Medical's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-06-30
Previous Quarter
30 K
Current Value
33 K
Quarterly Volatility
298.9 K
 
Covid
Check Avita Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avita Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 572.4 K or Selling General Administrative of 68.9 M, as well as many indicators such as Price To Sales Ratio of 3.57, Dividend Yield of 0.0074 or PTB Ratio of 1.13. Avita financial statements analysis is a perfect complement when working with Avita Medical Valuation or Volatility modules.
  
Check out the analysis of Avita Medical Correlation against competitors.
For more information on how to buy Avita Stock please use our How to buy in Avita Stock guide.

Latest Avita Medical's Tax Provision Growth Pattern

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

Avita Tax Provision Regression Statistics

Arithmetic Mean(406,825)
Geometric Mean201,903
Coefficient Of Variation(100.22)
Mean Deviation374,553
Median(653,670)
Standard Deviation407,711
Sample Variance166.2B
Range1.1M
R-Value0.78
Mean Square Error69.8B
R-Squared0.61
Significance0.0006
Slope71,208
Total Sum of Squares2.3T

Avita Tax Provision History

202469.3 K
202366 K
202236 K
202138 K
2020 4000.0
2018-126 K
2017-1 M

About Avita Medical Financial Statements

Avita Medical investors utilize fundamental indicators, such as Tax Provision, to predict how Avita Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision66 K69.3 K

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When determining whether Avita Medical is a strong investment it is important to analyze Avita Medical'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 Avita Medical's future performance. For an informed investment choice regarding Avita Stock, refer to the following important reports:
Check out the analysis of Avita Medical Correlation against competitors.
For more information on how to buy Avita Stock please use our How to buy in Avita Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Biotechnology 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 Avita Medical. If investors know Avita 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 Avita Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.23)
Revenue Per Share
2.335
Quarterly Revenue Growth
0.432
Return On Assets
(0.45)
Return On Equity
(1.52)
The market value of Avita Medical is measured differently than its book value, which is the value of Avita that is recorded on the company's balance sheet. Investors also form their own opinion of Avita Medical's value that differs from its market value or its book value, called intrinsic value, which is Avita Medical'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 Avita Medical's market value can be influenced by many factors that don't directly affect Avita Medical'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 Avita Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avita Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avita Medical'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.