Tantech Tax Provision from 2010 to 2024

TANH Stock  USD 0.15  0.01  6.25%   
Tantech Holdings' Tax Provision is decreasing with slightly volatile movements from year to year. Tax Provision is predicted to flatten to about 1.8 M. Tax Provision is the amount set aside by Tantech Holdings to cover any estimated taxes for the current period. It reflects Tantech Holdings' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
2.4 M
Current Value
1.8 M
Quarterly Volatility
1.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tantech Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tantech Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 749.5 K, Interest Expense of 567.7 K or Selling General Administrative of 5 M, as well as many indicators such as Price To Sales Ratio of 0.0661, Dividend Yield of 0.0 or PTB Ratio of 0.0249. Tantech financial statements analysis is a perfect complement when working with Tantech Holdings Valuation or Volatility modules.
  
Check out the analysis of Tantech Holdings Correlation against competitors.
For more detail on how to invest in Tantech Stock please use our How to Invest in Tantech Holdings guide.

Latest Tantech Holdings' Tax Provision Growth Pattern

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

Tantech Tax Provision Regression Statistics

Arithmetic Mean1,988,472
Coefficient Of Variation54.39
Mean Deviation857,075
Median2,364,489
Standard Deviation1,081,487
Sample Variance1.2T
Range3.8M
R-Value(0.36)
Mean Square Error1.1T
R-Squared0.13
Significance0.18
Slope(88,046)
Total Sum of Squares16.4T

Tantech Tax Provision History

20241.8 M
20232.4 M
20223.1 M
20212.4 M
2020-611.7 K
2019363.7 K
2018M

About Tantech Holdings Financial Statements

Investors use fundamental indicators, such as Tantech Holdings' Tax Provision, to determine how well the company is positioned to perform in the future. Although Tantech Holdings' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Tax Provision2.4 M1.8 M

Currently Active Assets on Macroaxis

When determining whether Tantech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tantech 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 Tantech Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tantech Holdings Stock:
Check out the analysis of Tantech Holdings Correlation against competitors.
For more detail on how to invest in Tantech Stock please use our How to Invest in Tantech Holdings guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Commodity Chemicals 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 Tantech Holdings. If investors know Tantech 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 Tantech Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.309
Earnings Share
2.02
Revenue Per Share
17.098
Quarterly Revenue Growth
0.04
Return On Assets
0.0083
The market value of Tantech Holdings is measured differently than its book value, which is the value of Tantech that is recorded on the company's balance sheet. Investors also form their own opinion of Tantech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tantech 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 Tantech Holdings' market value can be influenced by many factors that don't directly affect Tantech 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 Tantech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tantech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tantech 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.