Syntec Tax Provision from 2010 to 2024

OPTX Stock   3.50  1.56  80.41%   
Syntec Optics Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Syntec Optics Holdings to cover any estimated taxes for the current period. It reflects Syntec Optics' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
-719.2 K
Current Value
-683.2 K
Quarterly Volatility
292.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Syntec Optics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Syntec Optics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 434.7 K or Selling General Administrative of 6.7 M, as well as many indicators such as Price To Sales Ratio of 9.27, Dividend Yield of 8.0E-4 or PTB Ratio of 10.78. Syntec financial statements analysis is a perfect complement when working with Syntec Optics Valuation or Volatility modules.
  
Check out the analysis of Syntec Optics Correlation against competitors.

Latest Syntec Optics' Tax Provision Growth Pattern

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

Syntec Tax Provision Regression Statistics

Arithmetic Mean(3,817)
Coefficient Of Variation(7,654)
Mean Deviation206,102
Median124,996
Standard Deviation292,188
Sample Variance85.4B
Range844.2K
R-Value(0.66)
Mean Square Error51.6B
R-Squared0.44
Significance0.01
Slope(43,291)
Total Sum of Squares1.2T

Syntec Tax Provision History

2024-683.2 K
2023-719.2 K
2022-154.8 K

About Syntec Optics Financial Statements

Syntec Optics investors use historical fundamental indicators, such as Syntec Optics' Tax Provision, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Syntec Optics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision-719.2 K-683.2 K

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Additional Tools for Syntec Stock Analysis

When running Syntec Optics' price analysis, check to measure Syntec Optics' 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 Syntec Optics is operating at the current time. Most of Syntec Optics' value examination focuses on studying past and present price action to predict the probability of Syntec Optics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syntec Optics' price. Additionally, you may evaluate how the addition of Syntec Optics to your portfolios can decrease your overall portfolio volatility.