Kimball Tax Provision from 2010 to 2024

KE Stock  USD 19.04  0.33  1.76%   
Kimball Electronics' Tax Provision is increasing over the years with very volatile fluctuation. Tax Provision is expected to dwindle to about 4.5 M. Tax Provision is the amount set aside by Kimball Electronics to cover any estimated taxes for the current period. It reflects Kimball Electronics' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
-6.7 M
Current Value
5.9 M
Quarterly Volatility
2.7 M
 
Covid
Check Kimball Electronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kimball Electronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 23 M, Interest Expense of 24 M or Selling General Administrative of 46.5 M, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0 or PTB Ratio of 0.9. Kimball financial statements analysis is a perfect complement when working with Kimball Electronics Valuation or Volatility modules.
  
Check out the analysis of Kimball Electronics Correlation against competitors.
For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.

Latest Kimball Electronics' Tax Provision Growth Pattern

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

Kimball Tax Provision Regression Statistics

Arithmetic Mean10,286,773
Geometric Mean9,075,686
Coefficient Of Variation59.61
Mean Deviation4,203,988
Median8,566,000
Standard Deviation6,131,623
Sample Variance37.6T
Range23.6M
R-Value0.08
Mean Square Error40.3T
R-Squared0.01
Significance0.79
Slope102,908
Total Sum of Squares526.4T

Kimball Tax Provision History

20244.5 M
20234.7 M
202218.9 M
202112.5 M
202013.3 M
2019M
20186.9 M

About Kimball Electronics Financial Statements

Kimball Electronics stakeholders use historical fundamental indicators, such as Kimball Electronics' Tax Provision, to determine how well the company is positioned to perform in the future. Although Kimball Electronics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Kimball Electronics' assets and liabilities are reflected in the revenues and expenses on Kimball Electronics' 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 Kimball Electronics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision4.7 M4.5 M

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Check out the analysis of Kimball Electronics Correlation against competitors.
For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Electronic Equipment, Instruments & Components 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 Kimball Electronics. If investors know Kimball 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 Kimball Electronics 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
0.906
Earnings Share
0.5
Revenue Per Share
65.86
Quarterly Revenue Growth
0.15
Return On Assets
0.0358
The market value of Kimball Electronics is measured differently than its book value, which is the value of Kimball that is recorded on the company's balance sheet. Investors also form their own opinion of Kimball Electronics' value that differs from its market value or its book value, called intrinsic value, which is Kimball Electronics' 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 Kimball Electronics' market value can be influenced by many factors that don't directly affect Kimball Electronics' 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 Kimball Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimball Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electronics' 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.