Quidel Tax Provision from 2010 to 2024

QDEL Stock  USD 45.39  0.65  1.45%   
Quidel Tax Provision yearly trend continues to be quite stable with very little volatility. Tax Provision may rise above about -18.1 M this year. Tax Provision is the amount set aside by Quidel to cover any estimated taxes for the current period. It reflects Quidel's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
-92.9 M
Current Value
-15.2 M
Quarterly Volatility
52.5 M
 
Covid
Check Quidel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quidel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 159.5 K, Interest Expense of 123.4 M or Total Revenue of 3.1 B, as well as many indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.001 or PTB Ratio of 1.06. Quidel financial statements analysis is a perfect complement when working with Quidel Valuation or Volatility modules.
  
Check out the analysis of Quidel Correlation against competitors.
For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.

Latest Quidel's Tax Provision Growth Pattern

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

Quidel Tax Provision Regression Statistics

Arithmetic Mean36,546,867
Geometric Mean8,139,603
Coefficient Of Variation239.52
Mean Deviation67,163,253
Median(3,218,000)
Standard Deviation87,538,164
Sample Variance7662.9T
Range249M
R-Value0.41
Mean Square Error6852.6T
R-Squared0.17
Significance0.13
Slope8,061,679
Total Sum of Squares107281T

Quidel Tax Provision History

2024-18.1 M
2023-19 M
2022187.2 M
2021196.1 M
2020230 M
20194.3 M
2018-10.8 M

About Quidel Financial Statements

Quidel investors utilize fundamental indicators, such as Tax Provision, to predict how Quidel 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 Provision-19 M-18.1 M

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Additional Information and Resources on Investing in Quidel Stock

When determining whether Quidel is a strong investment it is important to analyze Quidel'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 Quidel's future performance. For an informed investment choice regarding Quidel Stock, refer to the following important reports:
Check out the analysis of Quidel Correlation against competitors.
For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Health Care Equipment & Supplies 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 Quidel. If investors know Quidel 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 Quidel 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
(0.77)
Earnings Share
(27.75)
Revenue Per Share
42.339
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0107
The market value of Quidel is measured differently than its book value, which is the value of Quidel that is recorded on the company's balance sheet. Investors also form their own opinion of Quidel's value that differs from its market value or its book value, called intrinsic value, which is Quidel'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 Quidel's market value can be influenced by many factors that don't directly affect Quidel'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 Quidel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quidel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quidel'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.