Trio Tax Provision from 2010 to 2024

TRT Stock  USD 6.19  0.19  3.17%   
Trio Tech Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 452.1 K in 2024. Tax Provision is the amount set aside by Trio Tech International to cover any estimated taxes for the current period. It reflects Trio Tech's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
212 K
Current Value
51 K
Quarterly Volatility
122 K
 
Covid
Check Trio Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trio Tech's main balance sheet or income statement drivers, such as Total Revenue of 33.8 M, Gross Profit of 9.2 M or Operating Income of 569.6 K, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 6.0E-4 or PTB Ratio of 1.09. Trio financial statements analysis is a perfect complement when working with Trio Tech Valuation or Volatility modules.
  
Check out the analysis of Trio Tech Correlation against competitors.

Latest Trio Tech's Tax Provision Growth Pattern

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

Trio Tax Provision Regression Statistics

Arithmetic Mean439,347
Geometric Mean316,305
Coefficient Of Variation60.50
Mean Deviation192,632
Median507,000
Standard Deviation265,804
Sample Variance70.7B
Range1M
R-Value(0.04)
Mean Square Error76B
R-Squared0
Significance0.89
Slope(2,333)
Total Sum of Squares989.1B

Trio Tax Provision History

2024452.1 K
2023486 K
2022622 K
2021757 K
2020228 K
2019-12 K
2018-42 K

About Trio Tech Financial Statements

Trio Tech shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Trio Tech investors may analyze each financial statement separately, they are all interrelated. The changes in Trio Tech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Trio Tech's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision486 K452.1 K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Trio Stock Analysis

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