Saga Tax Provision from 2010 to 2024

SGA Stock  USD 13.90  0.09  0.64%   
Saga Communications' Tax Provision is decreasing over the years with slightly volatile fluctuation. Tax Provision is expected to dwindle to about 3.4 M. Tax Provision is the amount set aside by Saga Communications to cover any estimated taxes for the current period. It reflects Saga Communications' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
-580 K
Current Value
955 K
Quarterly Volatility
1.2 M
 
Covid
Check Saga Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Saga Communications' main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.9 M, Interest Expense of 164.3 K or Total Revenue of 118.1 M, as well as many indicators such as Price To Sales Ratio of 2.17, Dividend Yield of 0.16 or PTB Ratio of 0.75. Saga financial statements analysis is a perfect complement when working with Saga Communications Valuation or Volatility modules.
  
Check out the analysis of Saga Communications Correlation against competitors.
For information on how to trade Saga Stock refer to our How to Trade Saga Stock guide.

Latest Saga Communications' Tax Provision Growth Pattern

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

Saga Tax Provision Regression Statistics

Arithmetic Mean4,963,486
Coefficient Of Variation78.64
Mean Deviation2,450,750
Median5,700,000
Standard Deviation3,903,160
Sample Variance15.2T
Range18.4M
R-Value(0.33)
Mean Square Error14.6T
R-Squared0.11
Significance0.22
Slope(291,150)
Total Sum of Squares213.3T

Saga Tax Provision History

20243.4 M
20234.2 M
20224.8 M
20214.3 M
2020705 K
20195.4 M
20185.7 M

About Saga Communications Financial Statements

Saga Communications stakeholders use historical fundamental indicators, such as Saga Communications' Tax Provision, to determine how well the company is positioned to perform in the future. Although Saga Communications investors may analyze each financial statement separately, they are all interrelated. For example, changes in Saga Communications' assets and liabilities are reflected in the revenues and expenses on Saga Communications' 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 Saga Communications. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision4.2 M3.4 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Saga Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Saga Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Saga Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Saga Communications Stock:
Check out the analysis of Saga Communications Correlation against competitors.
For information on how to trade Saga Stock refer to our How to Trade Saga Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Broadcasting 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 Saga Communications. If investors know Saga 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 Saga Communications 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
(0.27)
Dividend Share
1.6
Earnings Share
1
Revenue Per Share
18.42
Quarterly Revenue Growth
(0.01)
The market value of Saga Communications is measured differently than its book value, which is the value of Saga that is recorded on the company's balance sheet. Investors also form their own opinion of Saga Communications' value that differs from its market value or its book value, called intrinsic value, which is Saga Communications' 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 Saga Communications' market value can be influenced by many factors that don't directly affect Saga Communications' 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 Saga Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Saga Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saga Communications' 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.