Community Tax Provision from 2010 to 2025

CYH Stock  USD 2.60  0.07  2.62%   
Community Health's Tax Provision is increasing with very volatile movements from year to year. Tax Provision is estimated to finish at about 83 M this year. Tax Provision is the amount set aside by Community Health Systems to cover any estimated taxes for the current period. It reflects Community Health's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
-64 M
Current Value
92 M
Quarterly Volatility
88.6 M
 
Covid
Check Community Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Community Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 571.5 M, Interest Expense of 636.2 M or Selling General Administrative of 284.1 M, as well as many indicators such as Price To Sales Ratio of 0.0297, Dividend Yield of 0.0078 or Days Sales Outstanding of 73.08. Community financial statements analysis is a perfect complement when working with Community Health Valuation or Volatility modules.
  
Check out the analysis of Community Health Correlation against competitors.

Latest Community Health's Tax Provision Growth Pattern

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

Community Tax Provision Regression Statistics

Arithmetic Mean47,559,375
Geometric Mean115,709,580
Coefficient Of Variation348.71
Mean Deviation117,404,688
Median116,000,000
Standard Deviation165,845,791
Sample Variance27504.8T
Range640M
R-Value0.01
Mean Square Error29468T
R-Squared0.000048
Significance0.98
Slope241,544
Total Sum of Squares412572.4T

Community Tax Provision History

202583 M
202479 M
2023191 M
2022170 M
2021131 M
2020-185 M
2019160 M

About Community Health Financial Statements

Investors use fundamental indicators, such as Community Health's Tax Provision, to determine how well the company is positioned to perform in the future. Although Community Health's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Tax Provision79 M83 M

Currently Active Assets on Macroaxis

When determining whether Community Health Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community Health'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 Community Health Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community Health Systems Stock:
Check out the analysis of Community Health Correlation against competitors.
You can also try the Positions Ratings module to 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.
Is Health Care Providers & Services 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 Community Health. If investors know Community 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 Community Health 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
(0.89)
Earnings Share
(3.90)
Revenue Per Share
95.638
Quarterly Revenue Growth
0.026
Return On Assets
0.037
The market value of Community Health Systems is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community Health's value that differs from its market value or its book value, called intrinsic value, which is Community Health'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 Community Health's market value can be influenced by many factors that don't directly affect Community Health'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 Community Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Health'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.