Summit Tax Provision from 2010 to 2024

SMMT Stock  USD 18.94  0.26  1.35%   
Summit Therapeutics Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about -25.4 K in 2024. Tax Provision is the amount set aside by Summit Therapeutics PLC to cover any estimated taxes for the current period. It reflects Summit Therapeutics' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
-24.1 K
Current Value
-25.4 K
Quarterly Volatility
2.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Summit Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 95.3 M, Interest Expense of 17.3 M or Selling General Administrative of 31.8 M, as well as many indicators such as Price To Sales Ratio of 1.3 K, Dividend Yield of 0.0 or PTB Ratio of 19.78. Summit financial statements analysis is a perfect complement when working with Summit Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Summit Therapeutics Correlation against competitors.

Latest Summit Therapeutics' Tax Provision Growth Pattern

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

Summit Tax Provision Regression Statistics

Arithmetic Mean(3,136,982)
Coefficient Of Variation(83.98)
Mean Deviation2,440,585
Median(5,324,992)
Standard Deviation2,634,588
Sample Variance6.9T
Range5.4M
R-Value0.89
Mean Square Error1.5T
R-Squared0.79
Slope524,658
Total Sum of Squares97.2T

Summit Tax Provision History

2024-25.4 K
2023-24.1 K
2021-21 K
2019-213 K
2018-3.3 M
2017-5.3 M

About Summit Therapeutics Financial Statements

Summit Therapeutics shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Summit Therapeutics investors may analyze each financial statement separately, they are all interrelated. The changes in Summit Therapeutics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Summit Therapeutics' 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 Provision-24.1 K-25.4 K

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Additional Tools for Summit Stock Analysis

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