Ohio Tax Provision from 2010 to 2025
OVBC Stock | USD 23.40 0.10 0.43% |
Tax Provision | First Reported 2019-03-31 | Previous Quarter 648 K | Current Value 576 K | Quarterly Volatility 231.7 K |
Check Ohio Valley financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ohio Valley's main balance sheet or income statement drivers, such as Depreciation And Amortization of 840.2 K, Interest Expense of 10.2 M or Selling General Administrative of 18.3 M, as well as many indicators such as Price To Sales Ratio of 3.19, Dividend Yield of 0.0249 or PTB Ratio of 1.66. Ohio financial statements analysis is a perfect complement when working with Ohio Valley Valuation or Volatility modules.
Ohio | Tax Provision |
Latest Ohio Valley's Tax Provision Growth Pattern
Below is the plot of the Tax Provision of Ohio Valley Banc 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. Ohio Valley's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ohio Valley's overall financial position and show how it may be relating to other accounts over time.
Tax Provision | 10 Years Trend |
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Tax Provision |
Timeline |
Ohio Tax Provision Regression Statistics
Arithmetic Mean | 2,551,605 | |
Geometric Mean | 2,490,357 | |
Coefficient Of Variation | 24.72 | |
Mean Deviation | 440,145 | |
Median | 2,594,000 | |
Standard Deviation | 630,755 | |
Sample Variance | 397.9B | |
Range | 2.7M | |
R-Value | (0.41) | |
Mean Square Error | 354.9B | |
R-Squared | 0.17 | |
Significance | 0.12 | |
Slope | (54,219) | |
Total Sum of Squares | 6T |
Ohio Tax Provision History
About Ohio Valley Financial Statements
Ohio Valley stakeholders use historical fundamental indicators, such as Ohio Valley's Tax Provision, to determine how well the company is positioned to perform in the future. Although Ohio Valley investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ohio Valley's assets and liabilities are reflected in the revenues and expenses on Ohio Valley'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 Ohio Valley Banc. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Tax Provision | 2.2 M | 2 M |
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Check out the analysis of Ohio Valley Correlation against competitors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Regional Banks 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 Ohio Valley. If investors know Ohio 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 Ohio Valley 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 0.224 | Dividend Share 0.88 | Earnings Share 2.47 | Revenue Per Share | Quarterly Revenue Growth 0.112 |
The market value of Ohio Valley Banc is measured differently than its book value, which is the value of Ohio that is recorded on the company's balance sheet. Investors also form their own opinion of Ohio Valley's value that differs from its market value or its book value, called intrinsic value, which is Ohio Valley'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 Ohio Valley's market value can be influenced by many factors that don't directly affect Ohio Valley'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 Ohio Valley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohio Valley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohio Valley'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.