RILYN Tax Provision from 2010 to 2024

RILYN Stock  USD 12.14  0.26  2.10%   
B Riley Tax Provision yearly trend continues to be very stable with very little volatility. Tax Provision is likely to grow to about 41.8 M this year. Tax Provision is the amount set aside by B Riley Financial to cover any estimated taxes for the current period. It reflects B Riley's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
39.8 M
Current Value
41.8 M
Quarterly Volatility
15.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check B Riley financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among B Riley's main balance sheet or income statement drivers, such as Other Operating Expenses of 1.6 B, Operating Income of 101 M or EBIT of 55.3 M, as well as many indicators such as Price To Sales Ratio of 0.69, Dividend Yield of 0.13 or PTB Ratio of 2.22. RILYN financial statements analysis is a perfect complement when working with B Riley Valuation or Volatility modules.
  
Check out the analysis of B Riley Correlation against competitors.

Latest B Riley's Tax Provision Growth Pattern

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

RILYN Tax Provision Regression Statistics

Arithmetic Mean18,737,282
Coefficient Of Variation84.10
Mean Deviation14,376,738
Median7,688,000
Standard Deviation15,757,482
Sample Variance248.3T
Range46.4M
R-Value0.81
Mean Square Error91.6T
R-Squared0.66
Significance0.0002
Slope2,856,764
Total Sum of Squares3476.2T

RILYN Tax Provision History

202441.8 M
202339.8 M
201934.6 M
20184.9 M
2017-4.5 M
201614.3 M

About B Riley Financial Statements

B Riley investors utilize fundamental indicators, such as Tax Provision, to predict how RILYN 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 Provision39.8 M41.8 M

Pair Trading with B Riley

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if B Riley position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in B Riley will appreciate offsetting losses from the drop in the long position's value.

Moving against RILYN Stock

  0.61LU Lufax HoldingPairCorr
The ability to find closely correlated positions to B Riley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace B Riley when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back B Riley - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling B Riley Financial to buy it.
The correlation of B Riley is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as B Riley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if B Riley Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for B Riley can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether B Riley Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of B Riley's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of B Riley Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on B Riley Financial Stock:
Check out the analysis of B Riley Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Diversified Capital Markets 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 B Riley. If investors know RILYN 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 B Riley listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of B Riley Financial is measured differently than its book value, which is the value of RILYN that is recorded on the company's balance sheet. Investors also form their own opinion of B Riley's value that differs from its market value or its book value, called intrinsic value, which is B Riley'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 B Riley's market value can be influenced by many factors that don't directly affect B Riley'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 B Riley's value and its price as these two are different measures arrived at by different means. Investors typically determine if B Riley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B Riley'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.