Team Tax Provision from 2010 to 2024

TISI Stock  USD 17.56  1.56  9.75%   
Team's Tax Provision is decreasing with stable movements from year to year. Tax Provision is estimated to finish at about 3.3 M this year. Tax Provision is the amount set aside by Team Inc to cover any estimated taxes for the current period. It reflects Team's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
73 K
Current Value
1.5 M
Quarterly Volatility
6.8 M
 
Covid
Check Team financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Team's main balance sheet or income statement drivers, such as Depreciation And Amortization of 39.8 M, Interest Expense of 57.9 M or Total Revenue of 905.7 M, as well as many indicators such as Price To Sales Ratio of 0.0318, Dividend Yield of 0.0 or PTB Ratio of 0.6. Team financial statements analysis is a perfect complement when working with Team Valuation or Volatility modules.
  
Check out the analysis of Team Correlation against competitors.

Latest Team's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Team Inc 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. Team's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Team's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Pretty Stable
   Tax Provision   
       Timeline  

Team Tax Provision Regression Statistics

Arithmetic Mean(2,285,387)
Coefficient Of Variation(585.81)
Mean Deviation9,746,860
Median3,306,000
Standard Deviation13,388,085
Sample Variance179.2T
Range44.6M
R-Value(0.11)
Mean Square Error190.6T
R-Squared0.01
Significance0.69
Slope(332,570)
Total Sum of Squares2509.4T

Team Tax Provision History

20243.3 M
20233.1 M
20223.3 M
202111.2 M
2020-14.7 M
2019-436 K
2018-31.1 M

About Team Financial Statements

Investors use fundamental indicators, such as Team's Tax Provision, to determine how well the company is positioned to perform in the future. Although Team's 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 Provision3.1 M3.3 M

Currently Active Assets on Macroaxis

When determining whether Team Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Team's 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 Team Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Team Inc Stock:
Check out the analysis of Team Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Environmental & Facilities Services 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 Team. If investors know Team 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 Team listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(12.29)
Revenue Per Share
193.185
Quarterly Revenue Growth
0.02
Return On Assets
(0.0003)
Return On Equity
(1.31)
The market value of Team Inc is measured differently than its book value, which is the value of Team that is recorded on the company's balance sheet. Investors also form their own opinion of Team's value that differs from its market value or its book value, called intrinsic value, which is Team'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 Team's market value can be influenced by many factors that don't directly affect Team'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 Team's value and its price as these two are different measures arrived at by different means. Investors typically determine if Team is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Team'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.