CLARIVATE Tax Provision from 2010 to 2024
| CLVT Stock | USD 5.95 0.09 1.49% |
Tax Provision | First Reported 2019-03-31 | Previous Quarter -18 M | Current Value 15 M | Quarterly Volatility 25.8 M |
Check CLARIVATE PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CLARIVATE main balance sheet or income statement drivers, such as Interest Expense of 308.4 M, Selling General Administrative of 455.4 M or Total Revenue of 1.5 B, as well as many exotic indicators such as Price To Sales Ratio of 4.2, Dividend Yield of 0.0071 or PTB Ratio of 1.67. CLARIVATE financial statements analysis is a perfect complement when working with CLARIVATE PLC Valuation or Volatility modules.
CLARIVATE | Tax Provision |
Latest CLARIVATE PLC's Tax Provision Growth Pattern
Below is the plot of the Tax Provision of CLARIVATE PLC 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. CLARIVATE PLC's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CLARIVATE PLC's overall financial position and show how it may be relating to other accounts over time.
| Tax Provision | 10 Years Trend |
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Tax Provision |
| Timeline |
CLARIVATE Tax Provision Regression Statistics
| Arithmetic Mean | (32,536,000) | |
| Geometric Mean | 20,816,639 | |
| Coefficient Of Variation | (160.66) | |
| Mean Deviation | 33,209,733 | |
| Median | (21,293,000) | |
| Standard Deviation | 52,272,981 | |
| Sample Variance | 2732.5T | |
| Range | 173.4M | |
| R-Value | (0.46) | |
| Mean Square Error | 2308.5T | |
| R-Squared | 0.22 | |
| Significance | 0.08 | |
| Slope | (5,426,304) | |
| Total Sum of Squares | 38254.5T |
CLARIVATE Tax Provision History
About CLARIVATE PLC Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include CLARIVATE PLC income statement, its balance sheet, and the statement of cash flows. CLARIVATE PLC investors use historical funamental indicators, such as CLARIVATE PLC's Tax Provision, to determine how well the company is positioned to perform in the future. Although CLARIVATE PLC investors may use each financial statement separately, they are all related. The changes in CLARIVATE PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CLARIVATE PLC'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 CLARIVATE PLC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CLARIVATE PLC. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Tax Provision | -161.1 M | -153 M |
Pair Trading with CLARIVATE PLC
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 CLARIVATE PLC 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 CLARIVATE PLC will appreciate offsetting losses from the drop in the long position's value.Moving against CLARIVATE Stock
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The ability to find closely correlated positions to CLARIVATE PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CLARIVATE PLC 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 CLARIVATE PLC - 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 CLARIVATE PLC to buy it.
The correlation of CLARIVATE PLC 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 CLARIVATE PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CLARIVATE PLC 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 CLARIVATE PLC 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 CLARIVATE PLC Correlation against competitors. For more information on how to buy CLARIVATE Stock please use our How to Invest in CLARIVATE PLC guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for CLARIVATE Stock analysis
When running CLARIVATE PLC's price analysis, check to measure CLARIVATE PLC'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 CLARIVATE PLC is operating at the current time. Most of CLARIVATE PLC's value examination focuses on studying past and present price action to predict the probability of CLARIVATE PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLARIVATE PLC's price. Additionally, you may evaluate how the addition of CLARIVATE PLC to your portfolios can decrease your overall portfolio volatility.
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Is CLARIVATE PLC'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 CLARIVATE PLC. If investors know CLARIVATE 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 CLARIVATE PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.65) | Revenue Per Share 3.914 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0129 | Return On Equity (0.16) |
The market value of CLARIVATE PLC is measured differently than its book value, which is the value of CLARIVATE that is recorded on the company's balance sheet. Investors also form their own opinion of CLARIVATE PLC's value that differs from its market value or its book value, called intrinsic value, which is CLARIVATE PLC'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 CLARIVATE PLC's market value can be influenced by many factors that don't directly affect CLARIVATE PLC'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 CLARIVATE PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if CLARIVATE PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CLARIVATE PLC'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.