Under Tax Provision from 2010 to 2024

UAA Stock  USD 9.52  0.28  3.03%   
Under Armour's Tax Provision is decreasing over the years with slightly volatile fluctuation. Overall, Tax Provision is expected to go to about 31.5 M this year. Tax Provision is the amount set aside by Under Armour A to cover any estimated taxes for the current period. It reflects Under Armour's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
5.1 M
Current Value
-2.1 M
Quarterly Volatility
35.8 M
 
Covid
Check Under Armour financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Under Armour's main balance sheet or income statement drivers, such as Depreciation And Amortization of 80.9 M, Interest Expense of 57.1 M or Selling General Administrative of 2.5 B, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 3.0E-4 or PTB Ratio of 4.61. Under financial statements analysis is a perfect complement when working with Under Armour Valuation or Volatility modules.
  
Check out the analysis of Under Armour Correlation against competitors.

Latest Under Armour's Tax Provision Growth Pattern

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

Under Tax Provision Regression Statistics

Arithmetic Mean35,213,087
Coefficient Of Variation114.99
Mean Deviation20,788,406
Median49,387,000
Standard Deviation40,493,181
Sample Variance1639.7T
Range158M
R-Value(0.43)
Mean Square Error1432.9T
R-Squared0.19
Significance0.11
Slope(3,931,682)
Total Sum of Squares22955.8T

Under Tax Provision History

202431.5 M
202330 M
2022-108.6 M
202132.1 M

About Under Armour Financial Statements

Under Armour stakeholders use historical fundamental indicators, such as Under Armour's Tax Provision, to determine how well the company is positioned to perform in the future. Although Under Armour investors may analyze each financial statement separately, they are all interrelated. For example, changes in Under Armour's assets and liabilities are reflected in the revenues and expenses on Under Armour's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Under Armour A. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision30 M31.5 M

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When determining whether Under Armour A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Under Armour'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 Under Armour A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Under Armour A Stock:
Check out the analysis of Under Armour Correlation against competitors.
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Is Apparel, Accessories & Luxury Goods 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 Under Armour. If investors know Under 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 Under Armour 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
0.686
Earnings Share
(0.04)
Revenue Per Share
12.41
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0284
The market value of Under Armour A is measured differently than its book value, which is the value of Under that is recorded on the company's balance sheet. Investors also form their own opinion of Under Armour's value that differs from its market value or its book value, called intrinsic value, which is Under Armour'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 Under Armour's market value can be influenced by many factors that don't directly affect Under Armour'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 Under Armour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Under Armour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Under Armour'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.