Cal Tax Provision from 2010 to 2024

CALM Stock  USD 93.97  3.54  3.91%   
Cal Maine Tax Provision yearly trend continues to be very stable with very little volatility. Tax Provision is likely to drop to about 62.6 M. Tax Provision is the amount set aside by Cal Maine Foods to cover any estimated taxes for the current period. It reflects Cal Maine's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-02-28
Previous Quarter
39 M
Current Value
48.4 M
Quarterly Volatility
29 M
 
Covid
Check Cal Maine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cal Maine's main balance sheet or income statement drivers, such as Depreciation And Amortization of 84.3 M, Interest Expense of 521.5 K or Selling General Administrative of 92.2 M, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0146 or PTB Ratio of 2.82. Cal financial statements analysis is a perfect complement when working with Cal Maine Valuation or Volatility modules.
  
Check out the analysis of Cal Maine Correlation against competitors.

Latest Cal Maine's Tax Provision Growth Pattern

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

Cal Tax Provision Regression Statistics

Arithmetic Mean64,598,927
Coefficient Of Variation112.64
Mean Deviation53,234,345
Median83,689,000
Standard Deviation72,767,192
Sample Variance5295.1T
Range281.7M
R-Value(0.03)
Mean Square Error5697.1T
R-Squared0.0009
Significance0.91
Slope(493,520)
Total Sum of Squares74130.9T

Cal Tax Provision History

202462.6 M
202383.7 M
2022241.8 M
202133.6 M
2020-12 M
20191.7 M
201815.7 M

About Cal Maine Financial Statements

Cal Maine investors utilize fundamental indicators, such as Tax Provision, to predict how Cal 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 Provision83.7 M62.6 M

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When determining whether Cal Maine Foods is a strong investment it is important to analyze Cal Maine'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 Cal Maine's future performance. For an informed investment choice regarding Cal Stock, refer to the following important reports:
Check out the analysis of Cal Maine Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Packaged Foods & Meats 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 Cal Maine. If investors know Cal 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 Cal Maine 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
159.9
Dividend Share
2.902
Earnings Share
8.73
Revenue Per Share
54.437
Quarterly Revenue Growth
0.711
The market value of Cal Maine Foods is measured differently than its book value, which is the value of Cal that is recorded on the company's balance sheet. Investors also form their own opinion of Cal Maine's value that differs from its market value or its book value, called intrinsic value, which is Cal Maine'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 Cal Maine's market value can be influenced by many factors that don't directly affect Cal Maine'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 Cal Maine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cal Maine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cal Maine'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.