Caesarstone Tax Provision from 2010 to 2024

CSTE Stock  USD 4.24  0.01  0.24%   
Caesarstone's Tax Provision is decreasing over the years with slightly volatile fluctuation. Tax Provision is expected to dwindle to about 5.2 M. Tax Provision is the amount set aside by Caesarstone to cover any estimated taxes for the current period. It reflects Caesarstone's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
M
Current Value
451 K
Quarterly Volatility
3.1 M
 
Covid
Check Caesarstone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Caesarstone's main balance sheet or income statement drivers, such as Depreciation And Amortization of 26.7 M, Interest Expense of 4.2 M or Selling General Administrative of 42.9 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0292 or PTB Ratio of 0.39. Caesarstone financial statements analysis is a perfect complement when working with Caesarstone Valuation or Volatility modules.
  
Check out the analysis of Caesarstone Correlation against competitors.
For information on how to trade Caesarstone Stock refer to our How to Trade Caesarstone Stock guide.

Latest Caesarstone's Tax Provision Growth Pattern

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

Caesarstone Tax Provision Regression Statistics

Arithmetic Mean8,831,382
Geometric Mean6,908,374
Coefficient Of Variation56.48
Mean Deviation4,565,510
Median7,402,000
Standard Deviation4,988,346
Sample Variance24.9T
Range13.1M
R-Value(0.88)
Mean Square Error6.2T
R-Squared0.77
Significance0.000017
Slope(978,871)
Total Sum of Squares348.4T

Caesarstone Tax Provision History

20245.2 M
20235.6 M
2022758 K
20211.9 M
20204.7 M
20196.2 M
20184.6 M

About Caesarstone Financial Statements

Caesarstone stakeholders use historical fundamental indicators, such as Caesarstone's Tax Provision, to determine how well the company is positioned to perform in the future. Although Caesarstone investors may analyze each financial statement separately, they are all interrelated. For example, changes in Caesarstone's assets and liabilities are reflected in the revenues and expenses on Caesarstone's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Caesarstone. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision5.6 M5.2 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Caesarstone is a strong investment it is important to analyze Caesarstone'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 Caesarstone's future performance. For an informed investment choice regarding Caesarstone Stock, refer to the following important reports:
Check out the analysis of Caesarstone Correlation against competitors.
For information on how to trade Caesarstone Stock refer to our How to Trade Caesarstone Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Building Products 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 Caesarstone. If investors know Caesarstone 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 Caesarstone 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
5.869
Earnings Share
(2.00)
Revenue Per Share
14.73
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.02)
The market value of Caesarstone is measured differently than its book value, which is the value of Caesarstone that is recorded on the company's balance sheet. Investors also form their own opinion of Caesarstone's value that differs from its market value or its book value, called intrinsic value, which is Caesarstone'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 Caesarstone's market value can be influenced by many factors that don't directly affect Caesarstone'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 Caesarstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caesarstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caesarstone'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.