Brightsphere Tax Provision from 2010 to 2024

BSIG Stock  USD 27.39  0.04  0.15%   
Brightsphere Investment's Tax Provision is increasing over the last several years with slightly volatile swings. Tax Provision is estimated to finish at about 54.1 M this year. Tax Provision is the amount set aside by Brightsphere Investment Group to cover any estimated taxes for the current period. It reflects Brightsphere Investment's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
6.1 M
Current Value
5.6 M
Quarterly Volatility
17.9 M
 
Covid
Check Brightsphere Investment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brightsphere Investment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 334.3 M, Interest Expense of 21.9 M or Selling General Administrative of 100.1 M, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0024 or PTB Ratio of 20.77. Brightsphere financial statements analysis is a perfect complement when working with Brightsphere Investment Valuation or Volatility modules.
  
Check out the analysis of Brightsphere Investment Correlation against competitors.

Latest Brightsphere Investment's Tax Provision Growth Pattern

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

Brightsphere Tax Provision Regression Statistics

Arithmetic Mean39,799,133
Geometric Mean27,072,704
Coefficient Of Variation94.23
Mean Deviation26,932,409
Median29,400,000
Standard Deviation37,502,846
Sample Variance1406.5T
Range127.8M
R-Value0.38
Mean Square Error1292.5T
R-Squared0.15
Significance0.16
Slope3,211,818
Total Sum of Squares19690.5T

Brightsphere Tax Provision History

202454.1 M
202329.4 M
202244.2 M
202150 M
2020112.1 M
201918 M
2018M

About Brightsphere Investment Financial Statements

Brightsphere Investment stakeholders use historical fundamental indicators, such as Brightsphere Investment's Tax Provision, to determine how well the company is positioned to perform in the future. Although Brightsphere Investment investors may analyze each financial statement separately, they are all interrelated. For example, changes in Brightsphere Investment's assets and liabilities are reflected in the revenues and expenses on Brightsphere Investment'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 Brightsphere Investment Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision29.4 M54.1 M

Currently Active Assets on Macroaxis

When determining whether Brightsphere Investment is a strong investment it is important to analyze Brightsphere Investment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Brightsphere Investment's future performance. For an informed investment choice regarding Brightsphere Stock, refer to the following important reports:
Check out the analysis of Brightsphere Investment Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Asset Management & Custody 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 Brightsphere Investment. If investors know Brightsphere 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 Brightsphere Investment 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
0.074
Dividend Share
0.04
Earnings Share
1.66
Revenue Per Share
11.354
Quarterly Revenue Growth
0.132
The market value of Brightsphere Investment is measured differently than its book value, which is the value of Brightsphere that is recorded on the company's balance sheet. Investors also form their own opinion of Brightsphere Investment's value that differs from its market value or its book value, called intrinsic value, which is Brightsphere Investment'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 Brightsphere Investment's market value can be influenced by many factors that don't directly affect Brightsphere Investment'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 Brightsphere Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brightsphere Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brightsphere Investment'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.