Paramount Tax Provision from 2010 to 2024

PGRE Stock  USD 5.02  0.15  2.90%   
Paramount's Tax Provision is decreasing over the years with stable fluctuation. Overall, Tax Provision is expected to go to about 2 M this year. Tax Provision is the amount set aside by Paramount Group to cover any estimated taxes for the current period. It reflects Paramount's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
347 K
Current Value
362 K
Quarterly Volatility
514.5 K
 
Covid
Check Paramount financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paramount's main balance sheet or income statement drivers, such as Depreciation And Amortization of 314.4 M, Interest Expense of 121 M or Selling General Administrative of 47 M, as well as many indicators such as Price To Sales Ratio of 1.43, Dividend Yield of 0.0249 or PTB Ratio of 0.33. Paramount financial statements analysis is a perfect complement when working with Paramount Valuation or Volatility modules.
  
Check out the analysis of Paramount Correlation against competitors.

Latest Paramount's Tax Provision Growth Pattern

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

Paramount Tax Provision Regression Statistics

Arithmetic Mean2,510,880
Geometric Mean2,195,372
Coefficient Of Variation44.12
Mean Deviation734,827
Median2,566,000
Standard Deviation1,107,775
Sample Variance1.2T
Range4.9M
R-Value(0.13)
Mean Square Error1.3T
R-Squared0.02
Significance0.64
Slope(32,791)
Total Sum of Squares17.2T

Paramount Tax Provision History

2024M
20231.4 M
20223.3 M
20213.6 M
20201.5 M
2019312 K
20183.1 M

About Paramount Financial Statements

Paramount stakeholders use historical fundamental indicators, such as Paramount's Tax Provision, to determine how well the company is positioned to perform in the future. Although Paramount investors may analyze each financial statement separately, they are all interrelated. For example, changes in Paramount's assets and liabilities are reflected in the revenues and expenses on Paramount'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 Paramount Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision1.4 MM

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Additional Information and Resources on Investing in Paramount Stock

When determining whether Paramount Group is a strong investment it is important to analyze Paramount'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 Paramount's future performance. For an informed investment choice regarding Paramount Stock, refer to the following important reports:
Check out the analysis of Paramount Correlation against competitors.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Diversified REITs 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 Paramount. If investors know Paramount 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 Paramount 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
4.753
Dividend Share
0.14
Earnings Share
(0.98)
Revenue Per Share
2.391
Quarterly Revenue Growth
0.293
The market value of Paramount Group is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount's value that differs from its market value or its book value, called intrinsic value, which is Paramount'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 Paramount's market value can be influenced by many factors that don't directly affect Paramount'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 Paramount's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount'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.