Cal Tax Provision from 2010 to 2024
CALM Stock | USD 93.97 3.54 3.91% |
Tax Provision | First Reported 2019-02-28 | Previous Quarter 39 M | Current Value 48.4 M | Quarterly Volatility 29 M |
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.
Cal | Tax Provision |
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 Provision | 10 Years Trend |
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Tax Provision |
Timeline |
Cal Tax Provision Regression Statistics
Arithmetic Mean | 64,598,927 | |
Coefficient Of Variation | 112.64 | |
Mean Deviation | 53,234,345 | |
Median | 83,689,000 | |
Standard Deviation | 72,767,192 | |
Sample Variance | 5295.1T | |
Range | 281.7M | |
R-Value | (0.03) | |
Mean Square Error | 5697.1T | |
R-Squared | 0.0009 | |
Significance | 0.91 | |
Slope | (493,520) | |
Total Sum of Squares | 74130.9T |
Cal Tax Provision History
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 Reported | Projected for Next Year | ||
Tax Provision | 83.7 M | 62.6 M |
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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.