Great Tax Provision from 2010 to 2024

GECC Stock  USD 10.28  0.04  0.39%   
Great Elm's Tax Provision is increasing over the years with slightly volatile fluctuation. Tax Provision is expected to dwindle to about 153.2 K. Tax Provision is the amount set aside by Great Elm Capital to cover any estimated taxes for the current period. It reflects Great Elm's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
196 K
Current Value
153.2 K
Quarterly Volatility
64.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Great Elm financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Great Elm's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.4 M, Interest Expense of 6.2 M or Selling General Administrative of 3.7 M, as well as many indicators such as Price To Sales Ratio of 2.15, Dividend Yield of 0.08 or PTB Ratio of 1.35. Great financial statements analysis is a perfect complement when working with Great Elm Valuation or Volatility modules.
  
Check out the analysis of Great Elm Correlation against competitors.

Latest Great Elm's Tax Provision Growth Pattern

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

Great Tax Provision Regression Statistics

Arithmetic Mean119,678
Geometric Mean101,092
Coefficient Of Variation54.15
Mean Deviation52,814
Median88,000
Standard Deviation64,806
Sample Variance4.2B
Range235K
R-Value0.46
Mean Square Error3.5B
R-Squared0.22
Significance0.08
Slope6,733
Total Sum of Squares58.8B

Great Tax Provision History

2024153.2 K
2023196 K
2022252 K
202148 K
202017 K
2019209 K
2018180 K

About Great Elm Financial Statements

Great Elm stakeholders use historical fundamental indicators, such as Great Elm's Tax Provision, to determine how well the company is positioned to perform in the future. Although Great Elm investors may analyze each financial statement separately, they are all interrelated. For example, changes in Great Elm's assets and liabilities are reflected in the revenues and expenses on Great Elm'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 Great Elm Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision196 K153.2 K

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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 Great Elm Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Great Elm'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 Great Elm Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Great Elm Capital Stock:
Check out the analysis of Great Elm Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Asset Management & Custody Banks 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 Great Elm. If investors know Great 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 Great Elm 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
(0.67)
Dividend Share
1.4
Earnings Share
0.74
Revenue Per Share
4.352
Quarterly Revenue Growth
0.276
The market value of Great Elm Capital is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Elm's value that differs from its market value or its book value, called intrinsic value, which is Great Elm'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 Great Elm's market value can be influenced by many factors that don't directly affect Great Elm'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 Great Elm's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Elm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Elm'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.