Globavend Tax Provision from 2010 to 2025

GVH Stock   0.61  0.01  1.61%   
Globavend Holdings' Tax Provision is increasing with slightly volatile movements from year to year. Tax Provision is predicted to flatten to about 170.6 K. Tax Provision is the amount set aside by Globavend Holdings Limited to cover any estimated taxes for the current period. It reflects Globavend Holdings' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
257.4 K
Current Value
170.6 K
Quarterly Volatility
61.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globavend Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globavend Holdings' main balance sheet or income statement drivers, such as Tax Provision of 170.6 K, Net Interest Income of 79.5 K or Interest Income of 82.4 K, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.0244 or PTB Ratio of 2.6. Globavend financial statements analysis is a perfect complement when working with Globavend Holdings Valuation or Volatility modules.
  
Check out the analysis of Globavend Holdings Correlation against competitors.

Latest Globavend Holdings' Tax Provision Growth Pattern

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

Globavend Tax Provision Regression Statistics

Arithmetic Mean114,005
Geometric Mean102,425
Coefficient Of Variation53.92
Mean Deviation50,067
Median77,592
Standard Deviation61,469
Sample Variance3.8B
Range179.8K
R-Value0.76
Mean Square Error1.7B
R-Squared0.58
Significance0.0006
Slope9,875
Total Sum of Squares56.7B

Globavend Tax Provision History

2025170.6 K
2024257.4 K
2023223.8 K
2022192.3 K
2021126.6 K

About Globavend Holdings Financial Statements

Investors use fundamental indicators, such as Globavend Holdings' Tax Provision, to determine how well the company is positioned to perform in the future. Although Globavend Holdings' 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 Provision257.4 K170.6 K

Currently Active Assets on Macroaxis

When determining whether Globavend Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Globavend Holdings' 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 Globavend Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Globavend Holdings Limited Stock:
Check out the analysis of Globavend Holdings Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Air Freight & Logistics 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 Globavend Holdings. If investors know Globavend 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 Globavend Holdings 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
(0.38)
Earnings Share
0.09
Revenue Per Share
1.136
Quarterly Revenue Growth
(0.11)
Return On Assets
0.1348
The market value of Globavend Holdings is measured differently than its book value, which is the value of Globavend that is recorded on the company's balance sheet. Investors also form their own opinion of Globavend Holdings' value that differs from its market value or its book value, called intrinsic value, which is Globavend Holdings' 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 Globavend Holdings' market value can be influenced by many factors that don't directly affect Globavend Holdings' 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 Globavend Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Globavend Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globavend Holdings' 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.