Symbotic Tax Provision from 2010 to 2024

SYM Stock  USD 37.47  1.31  3.38%   
Symbotic Tax Provision yearly trend continues to be very stable with very little volatility. Tax Provision is likely to grow to about -4 M this year. Tax Provision is the amount set aside by Symbotic to cover any estimated taxes for the current period. It reflects Symbotic's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
-4.2 M
Current Value
-4 M
Quarterly Volatility
1.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Symbotic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Symbotic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.7 M, Interest Expense of 1.6 M or Selling General Administrative of 263.1 M, as well as many indicators such as Price To Sales Ratio of 1.83, Dividend Yield of 0.0 or PTB Ratio of 24.8 K. Symbotic financial statements analysis is a perfect complement when working with Symbotic Valuation or Volatility modules.
  
Check out the analysis of Symbotic Correlation against competitors.
To learn how to invest in Symbotic Stock, please use our How to Invest in Symbotic guide.

Latest Symbotic's Tax Provision Growth Pattern

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

Symbotic Tax Provision Regression Statistics

Arithmetic Mean(834,940)
Geometric Mean0.00
Coefficient Of Variation(211.95)
Mean Deviation1,363,104
Median0.00
Standard Deviation1,769,685
Sample Variance3.1T
Range4.9M
R-Value(0.67)
Mean Square Error1.8T
R-Squared0.46
Significance0.01
Slope(267,102)
Total Sum of Squares43.8T

Symbotic Tax Provision History

2024-4 M
2023-4.2 M
2022-4.6 M
2021251 K
2019-47 K

About Symbotic Financial Statements

Symbotic investors utilize fundamental indicators, such as Tax Provision, to predict how Symbotic 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 Provision-4.2 M-4 M

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When determining whether Symbotic is a strong investment it is important to analyze Symbotic'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 Symbotic's future performance. For an informed investment choice regarding Symbotic Stock, refer to the following important reports:
Check out the analysis of Symbotic Correlation against competitors.
To learn how to invest in Symbotic Stock, please use our How to Invest in Symbotic guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Symbotic. If investors know Symbotic 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 Symbotic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.08)
Revenue Per Share
18.861
Quarterly Revenue Growth
0.577
Return On Assets
(0.05)
Return On Equity
(0.57)
The market value of Symbotic is measured differently than its book value, which is the value of Symbotic that is recorded on the company's balance sheet. Investors also form their own opinion of Symbotic's value that differs from its market value or its book value, called intrinsic value, which is Symbotic'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 Symbotic's market value can be influenced by many factors that don't directly affect Symbotic'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 Symbotic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Symbotic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Symbotic'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.