Green Tax Provision from 2010 to 2024

GRBK Stock  USD 57.15  0.09  0.16%   
Green Brick Tax Provision yearly trend continues to be quite stable with very little volatility. Tax Provision may rise above about 88.9 M this year. Tax Provision is the amount set aside by Green Brick Partners to cover any estimated taxes for the current period. It reflects Green Brick's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
21.5 M
Current Value
24.8 M
Quarterly Volatility
M
 
Covid
Check Green Brick financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Green Brick's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.4 M, Interest Expense of 21.3 M or Other Operating Expenses of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.39, Dividend Yield of 0.0012 or PTB Ratio of 1.65. Green financial statements analysis is a perfect complement when working with Green Brick Valuation or Volatility modules.
  
Check out the analysis of Green Brick Correlation against competitors.

Latest Green Brick's Tax Provision Growth Pattern

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

Green Tax Provision Regression Statistics

Arithmetic Mean32,013,193
Geometric Mean21,545,241
Coefficient Of Variation94.61
Mean Deviation25,006,124
Median17,136,000
Standard Deviation30,286,961
Sample Variance917.3T
Range79.7M
R-Value0.86
Mean Square Error265.2T
R-Squared0.73
Significance0.000048
Slope5,792,562
Total Sum of Squares12842.2T

Green Tax Provision History

202488.9 M
202384.6 M
202282.5 M
202152.6 M
202025 M
201920 M
201817.1 M

About Green Brick Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Green Brick income statement, its balance sheet, and the statement of cash flows. Green Brick investors use historical funamental indicators, such as Green Brick's Tax Provision, to determine how well the company is positioned to perform in the future. Although Green Brick investors may use each financial statement separately, they are all related. The changes in Green Brick's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Green Brick'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 Green Brick Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Green Brick. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision84.6 M88.9 M

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Additional Information and Resources on Investing in Green Stock

When determining whether Green Brick Partners 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 Green 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 Green Brick Partners Stock. Highlighted below are key reports to facilitate an investment decision about Green Brick Partners Stock:
Check out the analysis of Green Brick Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Household Durables 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 Green Brick. If investors know Green 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 Green Brick 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
0.328
Earnings Share
6.59
Revenue Per Share
39.229
Quarterly Revenue Growth
(0.01)
Return On Assets
0.127
The market value of Green Brick Partners is measured differently than its book value, which is the value of Green that is recorded on the company's balance sheet. Investors also form their own opinion of Green Brick's value that differs from its market value or its book value, called intrinsic value, which is Green Brick'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 Green Brick's market value can be influenced by many factors that don't directly affect Green Brick'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 Green Brick's value and its price as these two are different measures arrived at by different means. Investors typically determine if Green Brick is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Green Brick'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.