Suncor Tax Provision from 2010 to 2024

SU Stock  USD 41.42  0.29  0.71%   
Suncor Energy Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Suncor Energy to cover any estimated taxes for the current period. It reflects Suncor Energy's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
610 M
Current Value
615 M
Quarterly Volatility
570.8 M
 
Covid
Check Suncor Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Suncor Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 B, Interest Expense of 411.9 M or Selling General Administrative of 4.7 B, as well as many indicators such as Price To Sales Ratio of 2.05, Dividend Yield of 0.052 or PTB Ratio of 1.22. Suncor financial statements analysis is a perfect complement when working with Suncor Energy Valuation or Volatility modules.
  
Check out the analysis of Suncor Energy Correlation against competitors.
For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.

Latest Suncor Energy's Tax Provision Growth Pattern

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

Suncor Tax Provision Regression Statistics

Arithmetic Mean687,403,333
Coefficient Of Variation203.08
Mean Deviation1,184,217,333
Median(32,000,000)
Standard Deviation1,395,992,109
Sample Variance1948794T
Range5B
R-Value0.60
Mean Square Error1341450.7T
R-Squared0.36
Significance0.02
Slope187,504,821
Total Sum of Squares27283115.6T

Suncor Tax Provision History

20242.6 B
20232.5 B
20223.2 B
20211.5 B
2020-1.8 B
2019-366 M
20181.7 B

About Suncor Energy Financial Statements

Suncor Energy shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Suncor Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Suncor Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Suncor Energy's 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 Provision2.5 B2.6 B

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Additional Tools for Suncor Stock Analysis

When running Suncor Energy's price analysis, check to measure Suncor 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 Suncor Energy is operating at the current time. Most of Suncor Energy's value examination focuses on studying past and present price action to predict the probability of Suncor 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 Suncor Energy's price. Additionally, you may evaluate how the addition of Suncor Energy to your portfolios can decrease your overall portfolio volatility.