Latham Tax Provision from 2010 to 2024

SWIM Stock  USD 6.66  0.28  4.03%   
Latham Tax Provision yearly trend continues to be very stable with very little volatility. Tax Provision is likely to drop to about 2.5 M. Tax Provision is the amount set aside by Latham Group to cover any estimated taxes for the current period. It reflects Latham's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
2.7 M
Current Value
2.5 M
Quarterly Volatility
7.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Latham financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Latham's main balance sheet or income statement drivers, such as Tax Provision of 2.5 M, Depreciation And Amortization of 34.9 M or Interest Expense of 24.2 M, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0348 or PTB Ratio of 0.71. Latham financial statements analysis is a perfect complement when working with Latham Valuation or Volatility modules.
  
Check out the analysis of Latham Correlation against competitors.

Latest Latham's Tax Provision Growth Pattern

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

Latham Tax Provision Regression Statistics

Arithmetic Mean(434,527)
Geometric Mean5,078,018
Coefficient Of Variation(1,661)
Mean Deviation5,648,631
Median(4,671,000)
Standard Deviation7,218,057
Sample Variance52.1T
Range24.1M
R-Value0.67
Mean Square Error30.9T
R-Squared0.45
Significance0.01
Slope1,082,406
Total Sum of Squares729.4T

Latham Tax Provision History

20242.5 M
20232.7 M
202219.4 M
20218.8 M
20206.8 M

About Latham Financial Statements

Latham investors utilize fundamental indicators, such as Tax Provision, to predict how Latham Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision2.7 M2.5 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Latham Group is a strong investment it is important to analyze Latham's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Latham's future performance. For an informed investment choice regarding Latham Stock, refer to the following important reports:
Check out the analysis of Latham Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Industrial Machinery & Supplies & Components 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 Latham. If investors know Latham 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 Latham listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.1
Revenue Per Share
4.455
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0162
Return On Equity
0.0282
The market value of Latham Group is measured differently than its book value, which is the value of Latham that is recorded on the company's balance sheet. Investors also form their own opinion of Latham's value that differs from its market value or its book value, called intrinsic value, which is Latham's 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 Latham's market value can be influenced by many factors that don't directly affect Latham's 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 Latham's value and its price as these two are different measures arrived at by different means. Investors typically determine if Latham is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Latham's 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.