Woori Tax Provision from 2010 to 2024

WF Stock  USD 35.91  0.12  0.34%   
Woori Financial's Tax Provision is increasing over the last several years with slightly volatile swings. Tax Provision is predicted to flatten to about 755.1 B. Tax Provision is the amount set aside by Woori Financial Group to cover any estimated taxes for the current period. It reflects Woori Financial's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
305 B
Current Value
285.4 B
Quarterly Volatility
100.2 B
 
Covid
Check Woori Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Woori Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 T, Selling General Administrative of 3.6 T or Total Revenue of 7.7 T, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.11 or PTB Ratio of 0.47. Woori financial statements analysis is a perfect complement when working with Woori Financial Valuation or Volatility modules.
  
Check out the analysis of Woori Financial Correlation against competitors.

Latest Woori Financial's Tax Provision Growth Pattern

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

Woori Tax Provision Regression Statistics

Arithmetic Mean587,740,235,556
Geometric Mean530,283,003,823
Coefficient Of Variation49.06
Mean Deviation246,541,616,000
Median419,418,000,000
Standard Deviation288,317,744,645
Sample Variance83127121877.1T
Range885.5B
R-Value0.80
Mean Square Error31997146044.7T
R-Squared0.64
Significance0.0003
Slope51,679,534,762
Total Sum of Squares1163779706280T

Woori Tax Provision History

2024755.1 B
20231.1 T
20221.2 T
2021941.9 B
2020486 B
2019685.5 B
2018753.2 B

About Woori Financial Financial Statements

Woori Financial stakeholders use historical fundamental indicators, such as Woori Financial's Tax Provision, to determine how well the company is positioned to perform in the future. Although Woori Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Woori Financial's assets and liabilities are reflected in the revenues and expenses on Woori Financial'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 Woori Financial Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision1.1 T755.1 B

Currently Active Assets on Macroaxis

Check out the analysis of Woori Financial Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Diversified Banks 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 Woori Financial. If investors know Woori 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 Woori Financial 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
0.483
Earnings Share
7.37
Revenue Per Share
42 K
Quarterly Revenue Growth
0.283
Return On Assets
0.0057
The market value of Woori Financial Group is measured differently than its book value, which is the value of Woori that is recorded on the company's balance sheet. Investors also form their own opinion of Woori Financial's value that differs from its market value or its book value, called intrinsic value, which is Woori Financial'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 Woori Financial's market value can be influenced by many factors that don't directly affect Woori Financial'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 Woori Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Woori Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Woori Financial'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.