Mind Tax Provision from 2010 to 2025

MIND Stock  USD 6.67  0.38  5.39%   
Mind Technology's Tax Provision is decreasing over the years with slightly volatile fluctuation. Overall, Tax Provision is expected to go to about 1.5 M this year. Tax Provision is the amount set aside by Mind Technology to cover any estimated taxes for the current period. It reflects Mind Technology's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-01-31
Previous Quarter
672 K
Current Value
396 K
Quarterly Volatility
304.7 K
 
Covid
Check Mind Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mind Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 M, Interest Expense of 443.7 K or Total Revenue of 48.5 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0639 or PTB Ratio of 0.41. Mind financial statements analysis is a perfect complement when working with Mind Technology Valuation or Volatility modules.
  
Check out the analysis of Mind Technology Correlation against competitors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.

Latest Mind Technology's Tax Provision Growth Pattern

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

Mind Tax Provision Regression Statistics

Arithmetic Mean4,687,360
Coefficient Of Variation107.77
Mean Deviation4,717,230
Median1,543,555
Standard Deviation5,051,595
Sample Variance25.5T
Range11M
R-Value(0.83)
Mean Square Error8.4T
R-Squared0.69
Significance0.000066
Slope(882,150)
Total Sum of Squares382.8T

Mind Tax Provision History

20251.5 M
20241.2 M
20231.3 M
2022699 K
2021-39 K
2020536 K
2019878 K

About Mind Technology Financial Statements

Mind Technology stakeholders use historical fundamental indicators, such as Mind Technology's Tax Provision, to determine how well the company is positioned to perform in the future. Although Mind Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mind Technology's assets and liabilities are reflected in the revenues and expenses on Mind Technology'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 Mind Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision1.2 M1.5 M

Also Currently Popular

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 Mind Technology is a strong investment it is important to analyze Mind Technology'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 Mind Technology's future performance. For an informed investment choice regarding Mind Stock, refer to the following important reports:
Check out the analysis of Mind Technology Correlation against competitors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Oil & Gas Equipment & Services 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 Mind Technology. If investors know Mind 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 Mind Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
6
Revenue Per Share
18.596
Quarterly Revenue Growth
1.434
Return On Assets
0.1205
Return On Equity
0.1954
The market value of Mind Technology is measured differently than its book value, which is the value of Mind that is recorded on the company's balance sheet. Investors also form their own opinion of Mind Technology's value that differs from its market value or its book value, called intrinsic value, which is Mind Technology'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 Mind Technology's market value can be influenced by many factors that don't directly affect Mind Technology'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 Mind Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mind Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind Technology'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.