XBiotech Tax Provision from 2010 to 2024

XBIT Stock  USD 7.61  0.26  3.54%   
XBiotech Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 875 K in 2024. Tax Provision is the amount set aside by XBiotech to cover any estimated taxes for the current period. It reflects XBiotech's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-12-31
Previous Quarter
-25 K
Current Value
K
Quarterly Volatility
11.3 M
 
Covid
Check XBiotech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among XBiotech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 985.4 K or Selling General Administrative of 7.9 M, as well as many indicators such as Price To Sales Ratio of 14.88, Dividend Yield of 0.18 or PTB Ratio of 0.53. XBiotech financial statements analysis is a perfect complement when working with XBiotech Valuation or Volatility modules.
  
Check out the analysis of XBiotech Correlation against competitors.
For more information on how to buy XBiotech Stock please use our How to Invest in XBiotech guide.

Latest XBiotech's Tax Provision Growth Pattern

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

XBiotech Tax Provision Regression Statistics

Arithmetic Mean32,646,530
Coefficient Of Variation77.26
Mean Deviation22,903,293
Median49,824,000
Standard Deviation25,222,925
Sample Variance636.2T
Range57.9M
R-Value(0.81)
Mean Square Error239T
R-Squared0.65
Significance0.0003
Slope(4,551,369)
Total Sum of Squares8906.7T

XBiotech Tax Provision History

2024875 K
2023921 K
2022-688 K
2021-8 M
2020-1.6 M

About XBiotech Financial Statements

XBiotech shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although XBiotech investors may analyze each financial statement separately, they are all interrelated. The changes in XBiotech's assets and liabilities, for example, are also reflected in the revenues and expenses on on XBiotech's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision921 K875 K

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Additional Tools for XBiotech Stock Analysis

When running XBiotech's price analysis, check to measure XBiotech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy XBiotech is operating at the current time. Most of XBiotech's value examination focuses on studying past and present price action to predict the probability of XBiotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XBiotech's price. Additionally, you may evaluate how the addition of XBiotech to your portfolios can decrease your overall portfolio volatility.