Gaming Tax Provision from 2010 to 2024

GLPI Stock  USD 51.66  0.49  0.96%   
Gaming Leisure's Tax Provision is increasing with very volatile movements from year to year. Tax Provision is predicted to flatten to about 1.6 M. Tax Provision is the amount set aside by Gaming Leisure Properties to cover any estimated taxes for the current period. It reflects Gaming Leisure's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
412 K
Current Value
515 K
Quarterly Volatility
4.4 M
 
Covid
Check Gaming Leisure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gaming Leisure's main balance sheet or income statement drivers, such as Depreciation And Amortization of 142 M, Interest Expense of 204 M or Selling General Administrative of 68.5 M, as well as many indicators such as Price To Sales Ratio of 11.24, Dividend Yield of 0.0793 or PTB Ratio of 3.89. Gaming financial statements analysis is a perfect complement when working with Gaming Leisure Valuation or Volatility modules.
  
Check out the analysis of Gaming Leisure Correlation against competitors.

Latest Gaming Leisure's Tax Provision Growth Pattern

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

Gaming Tax Provision Regression Statistics

Arithmetic Mean8,282,053
Geometric Mean6,471,484
Coefficient Of Variation80.22
Mean Deviation4,045,045
Median7,442,000
Standard Deviation6,643,495
Sample Variance44.1T
Range26.8M
R-Value0.09
Mean Square Error47.1T
R-Squared0.01
Significance0.75
Slope133,345
Total Sum of Squares617.9T

Gaming Tax Provision History

20241.6 M
20231.7 M
202217.1 M
202128.3 M
20203.9 M
20194.8 M
2018M

About Gaming Leisure Financial Statements

Investors use fundamental indicators, such as Gaming Leisure's Tax Provision, to determine how well the company is positioned to perform in the future. Although Gaming Leisure'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 Provision1.7 M1.6 M

Currently Active Assets on Macroaxis

When determining whether Gaming Leisure Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gaming Leisure'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 Gaming Leisure Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gaming Leisure Properties Stock:
Check out the analysis of Gaming Leisure Correlation against competitors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Other Specialized REITs 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 Gaming Leisure. If investors know Gaming 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 Gaming Leisure 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
(0.04)
Dividend Share
3.01
Earnings Share
2.86
Revenue Per Share
5.568
Quarterly Revenue Growth
0.072
The market value of Gaming Leisure Properties is measured differently than its book value, which is the value of Gaming that is recorded on the company's balance sheet. Investors also form their own opinion of Gaming Leisure's value that differs from its market value or its book value, called intrinsic value, which is Gaming Leisure'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 Gaming Leisure's market value can be influenced by many factors that don't directly affect Gaming Leisure'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 Gaming Leisure's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gaming Leisure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gaming Leisure'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.