LGL Tax Provision from 2010 to 2024

LGL Stock  USD 5.85  0.15  2.50%   
LGL Tax Provision yearly trend continues to be quite stable with very little volatility. Tax Provision may rise above 5,250 this year. Tax Provision is the amount set aside by LGL Group to cover any estimated taxes for the current period. It reflects LGL's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
76 K
Current Value
48 K
Quarterly Volatility
2.4 M
 
Covid
Check LGL financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LGL's main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.9 K, Interest Expense of 3.4 M or Total Revenue of 1.6 M, as well as many indicators such as Price To Sales Ratio of 19.97, Dividend Yield of 4.0E-4 or PTB Ratio of 0.7. LGL financial statements analysis is a perfect complement when working with LGL Valuation or Volatility modules.
  
Check out the analysis of LGL Correlation against competitors.

Latest LGL's Tax Provision Growth Pattern

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

LGL Tax Provision Regression Statistics

Arithmetic Mean(1,450)
Coefficient Of Variation(99,476)
Mean Deviation639,553
Median8,000
Standard Deviation1,442,403
Sample Variance2.1T
Range7.2M
R-Value0.04
Mean Square Error2.2T
R-Squared0
Significance0.88
Slope13,578
Total Sum of Squares29.1T

LGL Tax Provision History

2024 5250.0
2023 5000.0
2022-1.5 M
20214.1 M
2020336 K
2019-3.1 M
2018165 K

About LGL Financial Statements

LGL investors utilize fundamental indicators, such as Tax Provision, to predict how LGL Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax ProvisionK5.2 K

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether LGL Group is a strong investment it is important to analyze LGL'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 LGL's future performance. For an informed investment choice regarding LGL Stock, refer to the following important reports:
Check out the analysis of LGL Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Electronic Equipment, Instruments & Components 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 LGL. If investors know LGL 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 LGL 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
(0.85)
Earnings Share
0.08
Revenue Per Share
0.734
Quarterly Revenue Growth
0.481
Return On Assets
0.0126
The market value of LGL Group is measured differently than its book value, which is the value of LGL that is recorded on the company's balance sheet. Investors also form their own opinion of LGL's value that differs from its market value or its book value, called intrinsic value, which is LGL'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 LGL's market value can be influenced by many factors that don't directly affect LGL'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 LGL's value and its price as these two are different measures arrived at by different means. Investors typically determine if LGL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGL'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.