ScanSource Tax Provision from 2010 to 2026

SC3 Stock  EUR 34.80  0.40  1.16%   
ScanSource's Tax Provision is decreasing over the last several years with slightly volatile swings. Tax Provision is predicted to flatten to about 19.3 M. Tax Provision is the amount set aside by ScanSource to cover any estimated taxes for the current period. It reflects ScanSource's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
7.4 M
Current Value
7.1 M
Quarterly Volatility
2.9 M
 
Covid
 
Interest Hikes
Check ScanSource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ScanSource's main balance sheet or income statement drivers, such as Interest Expense of 7.3 M, Selling General Administrative of 290.7 M or Total Revenue of 3.7 B, as well as many indicators such as . ScanSource financial statements analysis is a perfect complement when working with ScanSource Valuation or Volatility modules.
  
This module can also supplement various ScanSource Technical models . Check out the analysis of ScanSource Correlation against competitors.
For more detail on how to invest in ScanSource Stock please use our How to Invest in ScanSource guide.
The Tax Provision trend for ScanSource offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether ScanSource is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest ScanSource's Tax Provision Growth Pattern

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

ScanSource Tax Provision Regression Statistics

Arithmetic Mean26,087,104
Geometric Mean24,444,950
Coefficient Of Variation30.69
Mean Deviation6,726,937
Median29,925,000
Standard Deviation8,005,557
Sample Variance64.1T
Range26.3M
R-Value(0.55)
Mean Square Error47.8T
R-Squared0.30
Significance0.02
Slope(870,204)
Total Sum of Squares1025.4T

ScanSource Tax Provision History

202619.3 M
202520.6 M
202422.8 M
202322.8 M
202233.8 M
202129.9 M
202012.1 M

About ScanSource Financial Statements

ScanSource stakeholders use historical fundamental indicators, such as ScanSource's Tax Provision, to determine how well the company is positioned to perform in the future. Although ScanSource investors may analyze each financial statement separately, they are all interrelated. For example, changes in ScanSource's assets and liabilities are reflected in the revenues and expenses on ScanSource'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 ScanSource. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision20.6 M19.3 M

Currently Active Assets on Macroaxis

When determining whether ScanSource offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ScanSource's 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 Scansource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Scansource Stock:
Check out the analysis of ScanSource Correlation against competitors.
For more detail on how to invest in ScanSource Stock please use our How to Invest in ScanSource guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Please note, there is a significant difference between ScanSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if ScanSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, ScanSource's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.