Ree Tax Provision from 2010 to 2024

REE Stock  USD 7.39  0.22  3.07%   
Ree Automotive's Tax Provision is increasing over the years with slightly volatile fluctuation. Overall, Tax Provision is projected to go to about -75 K this year. Tax Provision is the amount set aside by Ree Automotive Holding to cover any estimated taxes for the current period. It reflects Ree Automotive's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
-79 K
Current Value
-75 K
Quarterly Volatility
543.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ree Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ree Automotive's main balance sheet or income statement drivers, such as Interest Expense of 118.8 K, Net Interest Income of 1.8 M or Interest Income of 1.8 M, as well as many indicators such as Price To Sales Ratio of 27.57, Dividend Yield of 0.0 or PTB Ratio of 0.63. Ree financial statements analysis is a perfect complement when working with Ree Automotive Valuation or Volatility modules.
  
Check out the analysis of Ree Automotive Correlation against competitors.

Latest Ree Automotive's Tax Provision Growth Pattern

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

Ree Tax Provision Regression Statistics

Arithmetic Mean194,663
Geometric Mean0.00
Coefficient Of Variation279.42
Mean Deviation351,956
Median0.00
Standard Deviation543,925
Sample Variance295.9B
Range1.8M
R-Value0.38
Mean Square Error272.2B
R-Squared0.15
Significance0.16
Slope46,427
Total Sum of Squares4.1T

Ree Tax Provision History

2024-75 K
2023-79 K
20221.7 M
20211.3 M
202045 K

About Ree Automotive Financial Statements

Ree Automotive stakeholders use historical fundamental indicators, such as Ree Automotive's Tax Provision, to determine how well the company is positioned to perform in the future. Although Ree Automotive investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ree Automotive's assets and liabilities are reflected in the revenues and expenses on Ree Automotive's 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 Ree Automotive Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision-79 K-75 K

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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 Ree Automotive Holding is a strong investment it is important to analyze Ree Automotive'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 Ree Automotive's future performance. For an informed investment choice regarding Ree Stock, refer to the following important reports:
Check out the analysis of Ree Automotive Correlation against competitors.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Apparel, Accessories & Luxury Goods 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 Ree Automotive. If investors know Ree 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 Ree Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(8.84)
Revenue Per Share
0.075
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.45)
Return On Equity
(0.99)
The market value of Ree Automotive Holding is measured differently than its book value, which is the value of Ree that is recorded on the company's balance sheet. Investors also form their own opinion of Ree Automotive's value that differs from its market value or its book value, called intrinsic value, which is Ree Automotive'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 Ree Automotive's market value can be influenced by many factors that don't directly affect Ree Automotive'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 Ree Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ree Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ree Automotive'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.