SSC Tax Provision from 2010 to 2024

SSNC Stock  USD 77.36  0.26  0.34%   
SSC Technologies' Tax Provision is increasing over the years with slightly volatile fluctuation. Tax Provision is expected to dwindle to about 118.1 M. Tax Provision is the amount set aside by SSC Technologies Holdings to cover any estimated taxes for the current period. It reflects SSC Technologies' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
13.8 M
Current Value
60 M
Quarterly Volatility
19.8 M
 
Covid
Check SSC Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SSC Technologies' main balance sheet or income statement drivers, such as Interest Expense of 500.1 M, Selling General Administrative of 439.1 M or Total Revenue of 5.8 B, as well as many indicators such as Price To Sales Ratio of 4.42, Dividend Yield of 0.0153 or PTB Ratio of 1.89. SSC financial statements analysis is a perfect complement when working with SSC Technologies Valuation or Volatility modules.
  
Check out the analysis of SSC Technologies Correlation against competitors.

Latest SSC Technologies' Tax Provision Growth Pattern

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

SSC Tax Provision Regression Statistics

Arithmetic Mean78,254,419
Coefficient Of Variation118.55
Mean Deviation78,416,503
Median21,900,000
Standard Deviation92,770,746
Sample Variance8606.4T
Range282.6M
R-Value0.76
Mean Square Error3844.6T
R-Squared0.59
Significance0.0009
Slope15,868,829
Total Sum of Squares120489.8T

SSC Tax Provision History

2024118.1 M
2023232.3 M
2022227.1 M
2021236.4 M
2020150.6 M
201993.2 M
201821.9 M

About SSC Technologies Financial Statements

SSC Technologies stakeholders use historical fundamental indicators, such as SSC Technologies' Tax Provision, to determine how well the company is positioned to perform in the future. Although SSC Technologies investors may analyze each financial statement separately, they are all interrelated. For example, changes in SSC Technologies' assets and liabilities are reflected in the revenues and expenses on SSC Technologies' 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 SSC Technologies Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision232.3 M118.1 M

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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 SSC Technologies Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SSC Technologies' 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 Ssc Technologies Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ssc Technologies Holdings Stock:
Check out the analysis of SSC Technologies Correlation against competitors.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Application Software 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 SSC Technologies. If investors know SSC 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 SSC Technologies 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
0.066
Dividend Share
0.97
Earnings Share
2.79
Revenue Per Share
23.383
Quarterly Revenue Growth
0.073
The market value of SSC Technologies Holdings is measured differently than its book value, which is the value of SSC that is recorded on the company's balance sheet. Investors also form their own opinion of SSC Technologies' value that differs from its market value or its book value, called intrinsic value, which is SSC Technologies' 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 SSC Technologies' market value can be influenced by many factors that don't directly affect SSC Technologies' 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 SSC Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SSC Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSC Technologies' 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.