Veritone Tax Provision from 2010 to 2024
| VERI Stock | USD 2.63 0.13 5.20% |
Tax Provision | First Reported 2018-12-31 | Previous Quarter -426 K | Current Value -1 M | Quarterly Volatility 1.1 M |
Check Veritone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Veritone's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Selling General Administrative of 40.4 M or Total Revenue of 133.9 M, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0 or PTB Ratio of 1.95. Veritone financial statements analysis is a perfect complement when working with Veritone Valuation or Volatility modules.
Veritone | Tax Provision |
Latest Veritone's Tax Provision Growth Pattern
Below is the plot of the Tax Provision of Veritone 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. Veritone's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Veritone's overall financial position and show how it may be relating to other accounts over time.
| Tax Provision | 10 Years Trend |
|
Tax Provision |
| Timeline |
Veritone Tax Provision Regression Statistics
| Arithmetic Mean | 382,297 | |
| Coefficient Of Variation | 262.36 | |
| Mean Deviation | 735,635 | |
| Median | 6,000 | |
| Standard Deviation | 1,003,000 | |
| Sample Variance | 1T | |
| Range | 4.2M | |
| R-Value | 0.53 | |
| Mean Square Error | 780.7B | |
| R-Squared | 0.28 | |
| Significance | 0.04 | |
| Slope | 118,547 | |
| Total Sum of Squares | 14.1T |
Veritone Tax Provision History
About Veritone Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Veritone income statement, its balance sheet, and the statement of cash flows. Veritone investors use historical funamental indicators, such as Veritone's Tax Provision, to determine how well the company is positioned to perform in the future. Although Veritone investors may use each financial statement separately, they are all related. The changes in Veritone's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Veritone'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 Veritone Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Veritone. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Tax Provision | 1.1 M | 1.2 M |
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Additional Information and Resources on Investing in Veritone Stock
When determining whether Veritone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veritone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veritone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veritone Stock:Check out the analysis of Veritone Correlation against competitors. For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Application Software 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 Veritone. If investors know Veritone 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 Veritone 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 1.52 | Earnings Share (1.63) | Revenue Per Share 3.475 | Quarterly Revenue Growth 0.045 | Return On Assets (0.13) |
The market value of Veritone is measured differently than its book value, which is the value of Veritone that is recorded on the company's balance sheet. Investors also form their own opinion of Veritone's value that differs from its market value or its book value, called intrinsic value, which is Veritone'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 Veritone's market value can be influenced by many factors that don't directly affect Veritone'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 Veritone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritone'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.