Rectitude Tax Provision from 2010 to 2024

RECT Stock   3.70  0.15  4.23%   
Rectitude Holdings Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 770.6 K in 2024. Tax Provision is the amount set aside by Rectitude Holdings Ltd to cover any estimated taxes for the current period. It reflects Rectitude Holdings' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
792.2 K
Current Value
770.6 K
Quarterly Volatility
155.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rectitude Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rectitude Holdings' main balance sheet or income statement drivers, such as Tax Provision of 770.6 K, Depreciation And Amortization of 1.1 M or Interest Expense of 174.6 K, as well as many indicators such as Price To Sales Ratio of 2.74, Dividend Yield of 0.0319 or PTB Ratio of 7.22. Rectitude financial statements analysis is a perfect complement when working with Rectitude Holdings Valuation or Volatility modules.
  
Check out the analysis of Rectitude Holdings Correlation against competitors.

Latest Rectitude Holdings' Tax Provision Growth Pattern

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

Rectitude Tax Provision Regression Statistics

Arithmetic Mean513,419
Geometric Mean496,218
Coefficient Of Variation30.25
Mean Deviation119,046
Median439,015
Standard Deviation155,302
Sample Variance24.1B
Range431.3K
R-Value0.68
Mean Square Error14B
R-Squared0.46
Significance0.01
Slope23,559
Total Sum of Squares337.7B

Rectitude Tax Provision History

2024770.6 K
2023792.2 K
2022870.3 K

About Rectitude Holdings Financial Statements

Rectitude Holdings shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Rectitude Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Rectitude Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Rectitude Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision792.2 K770.6 K

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Additional Tools for Rectitude Stock Analysis

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