Cirrus Tax Provision from 2010 to 2024

CRUS Stock  USD 105.52  1.89  1.76%   
Cirrus Logic Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 57.7 M in 2024. Tax Provision is the amount set aside by Cirrus Logic to cover any estimated taxes for the current period. It reflects Cirrus Logic's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
14.5 M
Current Value
37.9 M
Quarterly Volatility
12.6 M
 
Covid
Check Cirrus Logic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cirrus Logic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.2 M, Interest Expense of 869.2 K or Selling General Administrative of 100.3 M, as well as many indicators such as Price To Sales Ratio of 1.68, Dividend Yield of 0.0097 or PTB Ratio of 2.22. Cirrus financial statements analysis is a perfect complement when working with Cirrus Logic Valuation or Volatility modules.
  
Check out the analysis of Cirrus Logic Correlation against competitors.
For more information on how to buy Cirrus Stock please use our How to Invest in Cirrus Logic guide.

Latest Cirrus Logic's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Cirrus Logic 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. Cirrus Logic's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cirrus Logic's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Very volatile
   Tax Provision   
       Timeline  

Cirrus Tax Provision Regression Statistics

Arithmetic Mean52,797,913
Geometric Mean43,971,131
Coefficient Of Variation47.02
Mean Deviation15,745,883
Median52,359,000
Standard Deviation24,827,296
Sample Variance616.4T
Range99.4M
R-Value0.11
Mean Square Error656.5T
R-Squared0.01
Significance0.71
Slope583,042
Total Sum of Squares8629.5T

Cirrus Tax Provision History

202457.7 M
202389.4 M
202278 M
202142.3 M
202027.9 M
201921.8 M
20183.8 M

About Cirrus Logic Financial Statements

Cirrus Logic shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Cirrus Logic investors may analyze each financial statement separately, they are all interrelated. The changes in Cirrus Logic's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cirrus Logic's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision89.4 M57.7 M

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Additional Tools for Cirrus Stock Analysis

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