Advanced Tax Provision from 2010 to 2025

WMS Stock  USD 108.22  1.44  1.31%   
Advanced Drainage Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision is likely to outpace its year average in 2025. Tax Provision is the amount set aside by Advanced Drainage Systems to cover any estimated taxes for the current period. It reflects Advanced Drainage's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
40.9 M
Current Value
27.1 M
Quarterly Volatility
17.8 M
 
Covid
Check Advanced Drainage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Advanced Drainage's main balance sheet or income statement drivers, such as Depreciation And Amortization of 187 M, Interest Expense of 107.3 M or Selling General Administrative of 435.3 M, as well as many indicators such as Price To Sales Ratio of 4.38, Dividend Yield of 0.0036 or PTB Ratio of 9.99. Advanced financial statements analysis is a perfect complement when working with Advanced Drainage Valuation or Volatility modules.
  
Check out the analysis of Advanced Drainage Correlation against competitors.

Latest Advanced Drainage's Tax Provision Growth Pattern

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

Advanced Tax Provision Regression Statistics

Arithmetic Mean64,497,362
Geometric Mean32,704,571
Coefficient Of Variation108.98
Mean Deviation61,736,702
Median24,615,000
Standard Deviation70,289,513
Sample Variance4940.6T
Range182.5M
R-Value0.89
Mean Square Error1122.5T
R-Squared0.79
Slope13,105,252
Total Sum of Squares74109.2T

Advanced Tax Provision History

2025192 M
2024182.8 M
2023159 M
2022150.6 M
2021110.1 M
202086.4 M
201914.1 M

About Advanced Drainage Financial Statements

Advanced Drainage shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Advanced Drainage investors may analyze each financial statement separately, they are all interrelated. The changes in Advanced Drainage's assets and liabilities, for example, are also reflected in the revenues and expenses on on Advanced Drainage'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 Provision182.8 M192 M

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 Advanced Stock Analysis

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