Penguin Tax Provision from 2010 to 2026

PENG Stock   19.79  0.00  0.00%   
Penguin Solutions' Tax Provision is decreasing over the last several years with very volatile swings. Tax Provision is estimated to finish at about 19 M this year. Tax Provision is the amount set aside by Penguin Solutions to cover any estimated taxes for the current period. It reflects Penguin Solutions' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
18.1 M
Current Value
19 M
Quarterly Volatility
15.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Penguin Solutions financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Penguin Solutions' main balance sheet or income statement drivers, such as Depreciation And Amortization of 48.2 M, Interest Expense of 6.2 M or Selling General Administrative of 162.8 M, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0049 or PTB Ratio of 3.4. Penguin financial statements analysis is a perfect complement when working with Penguin Solutions Valuation or Volatility modules.
  
Build AI portfolio with Penguin Stock
Check out the analysis of Penguin Solutions Correlation against competitors.
For more detail on how to invest in Penguin Stock please use our How to Invest in Penguin Solutions guide.
The Tax Provision trend for Penguin Solutions offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Penguin Solutions is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Penguin Solutions' Tax Provision Growth Pattern

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

Penguin Tax Provision Regression Statistics

Arithmetic Mean8,899,751
Coefficient Of Variation173.14
Mean Deviation6,835,618
Median10,503,000
Standard Deviation15,409,446
Sample Variance237.5T
Range69.3M
R-Value(0.03)
Mean Square Error253T
R-Squared0.001
Significance0.90
Slope(96,118)
Total Sum of Squares3799.2T

Penguin Tax Provision History

202619 M
202518.1 M
202420.1 M
202310.6 M
2022-49.2 M
202118.1 M
20209.7 M

About Penguin Solutions Financial Statements

Penguin Solutions stakeholders use historical fundamental indicators, such as Penguin Solutions' Tax Provision, to determine how well the company is positioned to perform in the future. Although Penguin Solutions investors may analyze each financial statement separately, they are all interrelated. For example, changes in Penguin Solutions' assets and liabilities are reflected in the revenues and expenses on Penguin Solutions' 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 Penguin Solutions. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision18.1 M19 M

Currently Active Assets on Macroaxis

When determining whether Penguin Solutions is a strong investment it is important to analyze Penguin Solutions' 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 Penguin Solutions' future performance. For an informed investment choice regarding Penguin Stock, refer to the following important reports:
Check out the analysis of Penguin Solutions Correlation against competitors.
For more detail on how to invest in Penguin Stock please use our How to Invest in Penguin Solutions guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Can Semiconductors & Semiconductor Equipment industry sustain growth momentum? Does Penguin have expansion opportunities? Factors like these will boost the valuation of Penguin Solutions. Anticipated expansion of Penguin directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Penguin Solutions demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
(0.61)
Earnings Share
0.21
Revenue Per Share
25.859
Quarterly Revenue Growth
0.006
Return On Assets
0.0335
Understanding Penguin Solutions requires distinguishing between market price and book value, where the latter reflects Penguin's accounting equity. The concept of intrinsic value—what Penguin Solutions' is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Penguin Solutions' price substantially above or below its fundamental value.
It's important to distinguish between Penguin Solutions' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Penguin Solutions should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Penguin Solutions' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.