Espey Tax Provision from 2010 to 2024

ESP Stock  USD 23.86  0.42  1.73%   
Espey Mfg Tax Provision yearly trend continues to be relatively stable with very little volatility. Tax Provision is likely to drop to about 530.3 K. Tax Provision is the amount set aside by Espey Mfg Electronics to cover any estimated taxes for the current period. It reflects Espey Mfg's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
464.3 K
Current Value
245.9 K
Quarterly Volatility
147 K
 
Covid
Check Espey Mfg financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Espey Mfg's main balance sheet or income statement drivers, such as Depreciation And Amortization of 503 K, Interest Expense of 13.3 K or Total Revenue of 24.3 M, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0102 or PTB Ratio of 0.96. Espey financial statements analysis is a perfect complement when working with Espey Mfg Valuation or Volatility modules.
  
Check out the analysis of Espey Mfg Correlation against competitors.

Latest Espey Mfg's Tax Provision Growth Pattern

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

Espey Tax Provision Regression Statistics

Arithmetic Mean845,391
Coefficient Of Variation59.00
Mean Deviation426,754
Median993,279
Standard Deviation498,773
Sample Variance248.8B
Range1.5M
R-Value(0.64)
Mean Square Error158.5B
R-Squared0.41
Significance0.01
Slope(71,277)
Total Sum of Squares3.5T

Espey Tax Provision History

2024530.3 K
2023926.4 K
2022M
2021328 K
2020-186.7 K
2019145.5 K
2018538.9 K

About Espey Mfg Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Espey Mfg income statement, its balance sheet, and the statement of cash flows. Espey Mfg investors use historical funamental indicators, such as Espey Mfg's Tax Provision, to determine how well the company is positioned to perform in the future. Although Espey Mfg investors may use each financial statement separately, they are all related. The changes in Espey Mfg's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Espey Mfg'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 Espey Mfg Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Espey Mfg. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision926.4 K530.3 K

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Tools for Espey Stock Analysis

When running Espey Mfg's price analysis, check to measure Espey Mfg'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 Espey Mfg is operating at the current time. Most of Espey Mfg's value examination focuses on studying past and present price action to predict the probability of Espey Mfg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Espey Mfg's price. Additionally, you may evaluate how the addition of Espey Mfg to your portfolios can decrease your overall portfolio volatility.