Oblong Tax Provision from 2010 to 2024

OBLG Stock  USD 0.18  0.02  11.94%   
Oblong's Tax Provision is decreasing over the last several years with slightly volatile swings. Tax Provision is estimated to finish at about 24.1 K this year. Tax Provision is the amount set aside by Oblong Inc to cover any estimated taxes for the current period. It reflects Oblong's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
23 K
Current Value
24.1 K
Quarterly Volatility
123.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Oblong financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oblong main balance sheet or income statement drivers, such as Depreciation And Amortization of 327.8 K, Interest Expense of 26.6 K or Selling General Administrative of 4.6 M, as well as many exotic indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 0.21. Oblong financial statements analysis is a perfect complement when working with Oblong Valuation or Volatility modules.
  
This module can also supplement various Oblong Technical models . Check out the analysis of Oblong Correlation against competitors.

Latest Oblong's Tax Provision Growth Pattern

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

Oblong Tax Provision Regression Statistics

Arithmetic Mean51,810
Geometric Mean0.00
Coefficient Of Variation237.69
Mean Deviation101,377
Median24,150
Standard Deviation123,148
Sample Variance15.2B
Range400K
R-Value(0.55)
Mean Square Error11.3B
R-Squared0.31
Significance0.03
Slope(15,275)
Total Sum of Squares212.3B

Oblong Tax Provision History

202424.1 K
202323 K
2022 -7000.0
2021-90 K
2020103 K
2019null
201813 K

About Oblong Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Oblong income statement, its balance sheet, and the statement of cash flows. Oblong investors use historical funamental indicators, such as Oblong's Tax Provision, to determine how well the company is positioned to perform in the future. Although Oblong investors may use each financial statement separately, they are all related. The changes in Oblong's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Oblong'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 Oblong Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Oblong. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision23 K24.1 K

Currently Active Assets on Macroaxis

When determining whether Oblong Inc is a strong investment it is important to analyze Oblong's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Oblong's future performance. For an informed investment choice regarding Oblong Stock, refer to the following important reports:
Check out the analysis of Oblong Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Oblong Stock analysis

When running Oblong's price analysis, check to measure Oblong'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 Oblong is operating at the current time. Most of Oblong's value examination focuses on studying past and present price action to predict the probability of Oblong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oblong's price. Additionally, you may evaluate how the addition of Oblong to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stocks Directory
Find actively traded stocks across global markets
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Is Oblong'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 Oblong. If investors know Oblong 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 Oblong 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
(0.46)
Earnings Share
(0.98)
Revenue Per Share
0.681
Quarterly Revenue Growth
(0.34)
Return On Assets
(0.46)
The market value of Oblong Inc is measured differently than its book value, which is the value of Oblong that is recorded on the company's balance sheet. Investors also form their own opinion of Oblong's value that differs from its market value or its book value, called intrinsic value, which is Oblong'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 Oblong's market value can be influenced by many factors that don't directly affect Oblong'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 Oblong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oblong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oblong'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.