Weis Tax Provision from 2010 to 2024

WMK Stock  USD 72.79  0.22  0.30%   
Weis Markets Tax Provision yearly trend continues to be quite stable with very little volatility. The value of Tax Provision is projected to decrease to about 31 M. Tax Provision is the amount set aside by Weis Markets to cover any estimated taxes for the current period. It reflects Weis Markets' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
8.3 M
Current Value
9.9 M
Quarterly Volatility
M
 
Covid
Check Weis Markets financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Weis Markets' main balance sheet or income statement drivers, such as Depreciation And Amortization of 113.9 M, Interest Expense of 36.1 K or Total Revenue of 2.6 B, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0314 or PTB Ratio of 1.93. Weis financial statements analysis is a perfect complement when working with Weis Markets Valuation or Volatility modules.
  
Check out the analysis of Weis Markets Correlation against competitors.
For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.

Latest Weis Markets' Tax Provision Growth Pattern

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

Weis Tax Provision Regression Statistics

Arithmetic Mean29,991,101
Coefficient Of Variation50.84
Mean Deviation9,240,707
Median33,001,000
Standard Deviation15,246,810
Sample Variance232.5T
Range64.2M
R-Value0.08
Mean Square Error248.7T
R-Squared0.01
Significance0.78
Slope273,559
Total Sum of Squares3254.5T

Weis Tax Provision History

202431 M
202342.9 M
202235.6 M
202139.5 M
202044.8 M
201920.7 M
201819.4 M

About Weis Markets Financial Statements

Weis Markets investors utilize fundamental indicators, such as Tax Provision, to predict how Weis 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 Provision42.9 M31 M

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When determining whether Weis Markets is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Weis Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Weis Markets Stock. Highlighted below are key reports to facilitate an investment decision about Weis Markets Stock:
Check out the analysis of Weis Markets Correlation against competitors.
For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Consumer Staples Distribution & Retail 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 Weis Markets. If investors know Weis 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 Weis Markets 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
0.116
Dividend Share
1.36
Earnings Share
3.56
Revenue Per Share
176.946
Quarterly Revenue Growth
0.022
The market value of Weis Markets is measured differently than its book value, which is the value of Weis that is recorded on the company's balance sheet. Investors also form their own opinion of Weis Markets' value that differs from its market value or its book value, called intrinsic value, which is Weis Markets' 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 Weis Markets' market value can be influenced by many factors that don't directly affect Weis Markets' 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 Weis Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Weis Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weis Markets' 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.