Semrush Tax Provision from 2010 to 2024

SEMR Stock  USD 14.17  0.59  4.00%   
Semrush Holdings Tax Provision yearly trend continues to be relatively stable with very little volatility. Tax Provision is likely to grow to about 2.1 M this year. Tax Provision is the amount set aside by Semrush Holdings to cover any estimated taxes for the current period. It reflects Semrush Holdings' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
M
Current Value
2.1 M
Quarterly Volatility
576.4 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Semrush Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Semrush Holdings' main balance sheet or income statement drivers, such as Tax Provision of 2.1 M, Net Interest Income of 9.9 M or Depreciation And Amortization of 5.3 M, as well as many indicators such as Price To Sales Ratio of 6.01, Dividend Yield of 0.0 or PTB Ratio of 9.33. Semrush financial statements analysis is a perfect complement when working with Semrush Holdings Valuation or Volatility modules.
  
Check out the analysis of Semrush Holdings Correlation against competitors.
To learn how to invest in Semrush Stock, please use our How to Invest in Semrush Holdings guide.

Latest Semrush Holdings' Tax Provision Growth Pattern

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

Semrush Tax Provision Regression Statistics

Arithmetic Mean705,847
Geometric Mean581,171
Coefficient Of Variation81.65
Mean Deviation397,755
Median464,000
Standard Deviation576,357
Sample Variance332.2B
Range1.9M
R-Value0.64
Mean Square Error212.2B
R-Squared0.41
Significance0.01
Slope82,214
Total Sum of Squares4.7T

Semrush Tax Provision History

20242.1 M
2023M
2022931 K
2021270 K
2020577 K

About Semrush Holdings Financial Statements

Semrush Holdings shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Semrush Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Semrush Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Semrush 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 ProvisionM2.1 M

Pair Trading with Semrush Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Semrush Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Semrush Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against Semrush Stock

  0.44VS Versus SystemsPairCorr
The ability to find closely correlated positions to Semrush Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Semrush Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Semrush Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Semrush Holdings to buy it.
The correlation of Semrush Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Semrush Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Semrush Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Semrush Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Semrush Stock Analysis

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