Magyar Tax Provision from 2010 to 2025

MGYR Stock  USD 14.40  0.09  0.62%   
Magyar Bancorp Tax Provision yearly trend continues to be relatively stable with very little volatility. Tax Provision is likely to drop to about 2 M. Tax Provision is the amount set aside by Magyar Bancorp to cover any estimated taxes for the current period. It reflects Magyar Bancorp's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
1.6 M
Current Value
805 K
Quarterly Volatility
310.6 K
 
Covid
Check Magyar Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magyar Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.3 M, Interest Expense of 19.5 M or Selling General Administrative of 9.5 M, as well as many indicators such as Price To Sales Ratio of 2.12, Dividend Yield of 0.0156 or PTB Ratio of 1.08. Magyar financial statements analysis is a perfect complement when working with Magyar Bancorp Valuation or Volatility modules.
  
Check out the analysis of Magyar Bancorp Correlation against competitors.
To learn how to invest in Magyar Stock, please use our How to Invest in Magyar Bancorp guide.

Latest Magyar Bancorp's Tax Provision Growth Pattern

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

Magyar Tax Provision Regression Statistics

Arithmetic Mean1,585,692
Geometric Mean1,144,837
Coefficient Of Variation77.49
Mean Deviation1,059,615
Median1,265,000
Standard Deviation1,228,795
Sample Variance1.5T
Range3.4M
R-Value0.87
Mean Square Error400.1B
R-Squared0.75
Significance0.000013
Slope223,922
Total Sum of Squares22.6T

Magyar Tax Provision History

2025M
20243.8 M
20233.3 M
2022M
20213.2 M
20202.6 M
2019921 K

About Magyar Bancorp Financial Statements

Magyar Bancorp shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Magyar Bancorp investors may analyze each financial statement separately, they are all interrelated. The changes in Magyar Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Magyar Bancorp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision3.8 MM

Additional Tools for Magyar Stock Analysis

When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.