Enterprise Tax Provision from 2010 to 2024
| EBTC Stock | USD 24.90 0.27 1.10% |
Tax Provision | First Reported 2019-03-31 | Previous Quarter 3.2 M | Current Value 3.4 M | Quarterly Volatility 637.8 K |
Check Enterprise Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enterprise main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.6 M, Interest Expense of 50.4 M or Selling General Administrative of 81.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0134 or PTB Ratio of 1.14. Enterprise financial statements analysis is a perfect complement when working with Enterprise Bancorp Valuation or Volatility modules.
Enterprise | Tax Provision |
Latest Enterprise Bancorp's Tax Provision Growth Pattern
Below is the plot of the Tax Provision of Enterprise Bancorp 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. Enterprise Bancorp's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enterprise Bancorp's overall financial position and show how it may be relating to other accounts over time.
| Tax Provision | 10 Years Trend |
|
Tax Provision |
| Timeline |
Enterprise Tax Provision Regression Statistics
| Arithmetic Mean | 10,416,279 | |
| Geometric Mean | 10,120,747 | |
| Coefficient Of Variation | 25.83 | |
| Mean Deviation | 2,259,838 | |
| Median | 9,161,000 | |
| Standard Deviation | 2,690,594 | |
| Sample Variance | 7.2T | |
| Range | 8.1M | |
| R-Value | 0.72 | |
| Mean Square Error | 3.8T | |
| R-Squared | 0.51 | |
| Significance | 0 | |
| Slope | 430,937 | |
| Total Sum of Squares | 101.4T |
Enterprise Tax Provision History
About Enterprise Bancorp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Enterprise Bancorp income statement, its balance sheet, and the statement of cash flows. Enterprise Bancorp investors use historical funamental indicators, such as Enterprise Bancorp's Tax Provision, to determine how well the company is positioned to perform in the future. Although Enterprise Bancorp investors may use each financial statement separately, they are all related. The changes in Enterprise Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Enterprise Bancorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Enterprise Bancorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Enterprise Bancorp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Tax Provision | 13.2 M | 12.6 M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Enterprise Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Enterprise Bancorp's short interest history, or implied volatility extrapolated from Enterprise Bancorp options trading.
Pair Trading with Enterprise Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enterprise Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enterprise Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Enterprise Stock
| 0.72 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.7 | BY | Byline Bancorp Normal Trading | PairCorr |
Moving against Enterprise Stock
| 0.83 | TECTP | Tectonic Financial | PairCorr |
| 0.77 | CFG-PD | Citizens Financial | PairCorr |
| 0.68 | NU | Nu Holdings Aggressive Push | PairCorr |
| 0.48 | RF | Regions Financial Financial Report 19th of July 2024 | PairCorr |
| 0.47 | KB | KB Financial Group Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Enterprise Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enterprise Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enterprise Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enterprise Bancorp to buy it.
The correlation of Enterprise Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enterprise Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enterprise Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enterprise Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Enterprise Bancorp Correlation against competitors. For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Enterprise Stock analysis
When running Enterprise Bancorp's price analysis, check to measure Enterprise Bancorp'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 Enterprise Bancorp is operating at the current time. Most of Enterprise Bancorp's value examination focuses on studying past and present price action to predict the probability of Enterprise Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enterprise Bancorp's price. Additionally, you may evaluate how the addition of Enterprise Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Enterprise Bancorp's industry 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 Enterprise Bancorp. If investors know Enterprise 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 Enterprise Bancorp 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 (0.22) | Dividend Share 0.93 | Earnings Share 3.11 | Revenue Per Share 13.013 | Quarterly Revenue Growth (0.05) |
The market value of Enterprise Bancorp is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Enterprise Bancorp'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 Enterprise Bancorp's market value can be influenced by many factors that don't directly affect Enterprise Bancorp'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 Enterprise Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Bancorp'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.