ReNew Tax Provision from 2010 to 2024

RNWWW Stock  USD 0.19  0.03  13.64%   
ReNew Energy Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 3.2 B in 2024. Tax Provision is the amount set aside by ReNew Energy Global to cover any estimated taxes for the current period. It reflects ReNew Energy's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
B
Current Value
3.2 B
Quarterly Volatility
786.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ReNew Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ReNew Energy's main balance sheet or income statement drivers, such as Tax Provision of 3.2 B, Interest Income of 2.6 B or Depreciation And Amortization of 14.7 B, as well as many indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.063 or PTB Ratio of 1.65. ReNew financial statements analysis is a perfect complement when working with ReNew Energy Valuation or Volatility modules.
  
Check out the analysis of ReNew Energy Correlation against competitors.

Latest ReNew Energy's Tax Provision Growth Pattern

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

ReNew Tax Provision Regression Statistics

Arithmetic Mean2,338,994,444
Geometric Mean2,236,785,240
Coefficient Of Variation33.61
Mean Deviation641,325,926
Median1,820,000,000
Standard Deviation786,082,140
Sample Variance617925.1T
Range2.2B
R-Value0.78
Mean Square Error258406.7T
R-Squared0.61
Significance0.0006
Slope137,472,917
Total Sum of Squares8650951.8T

ReNew Tax Provision History

20243.2 B
2023B
20222.6 B
20213.9 B
20202.9 B
20192.2 B

About ReNew Energy Financial Statements

ReNew Energy investors use historical fundamental indicators, such as ReNew Energy'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 ReNew Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax ProvisionB3.2 B

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Additional Tools for ReNew Stock Analysis

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