Santech Tax Provision from 2010 to 2024

STEC Stock   1.04  0.03  2.80%   
Santech Holdings' Tax Provision is increasing over the years with slightly volatile fluctuation. Overall, Tax Provision is expected to go to about 82.2 M this year. Tax Provision is the amount set aside by Santech Holdings Limited to cover any estimated taxes for the current period. It reflects Santech Holdings' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
82.1 M
Current Value
82.2 M
Quarterly Volatility
15.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Santech Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Santech Holdings' main balance sheet or income statement drivers, such as Tax Provision of 82.2 M, Net Interest Income of 1.3 M or Interest Income of 1.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Ptb Ratio of 0.0 or Days Sales Outstanding of 150. Santech financial statements analysis is a perfect complement when working with Santech Holdings Valuation or Volatility modules.
  
Check out the analysis of Santech Holdings Correlation against competitors.

Latest Santech Holdings' Tax Provision Growth Pattern

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

Santech Tax Provision Regression Statistics

Arithmetic Mean61,329,542
Geometric Mean59,614,980
Coefficient Of Variation25.93
Mean Deviation14,088,722
Median50,763,000
Standard Deviation15,905,330
Sample Variance253T
Range37.8M
R-Value0.78
Mean Square Error107.8T
R-Squared0.60
Significance0.0006
Slope2,764,857
Total Sum of Squares3541.7T

Santech Tax Provision History

202482.2 M
202382.1 M
202271.4 M
202188.6 M
202088.1 M

About Santech Holdings Financial Statements

Santech Holdings stakeholders use historical fundamental indicators, such as Santech Holdings' Tax Provision, to determine how well the company is positioned to perform in the future. Although Santech Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in Santech Holdings' assets and liabilities are reflected in the revenues and expenses on Santech Holdings' 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 Santech Holdings Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision82.1 M82.2 M

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When determining whether Santech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Santech Holdings' 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 Santech Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Santech Holdings Limited Stock:
Check out the analysis of Santech Holdings Correlation against competitors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Trading 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 Santech Holdings. If investors know Santech 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 Santech Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Santech Holdings is measured differently than its book value, which is the value of Santech that is recorded on the company's balance sheet. Investors also form their own opinion of Santech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Santech Holdings' 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 Santech Holdings' market value can be influenced by many factors that don't directly affect Santech Holdings' 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 Santech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Santech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Santech Holdings' 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.