VNET Tax Provision from 2010 to 2024

VNET Stock  USD 3.69  0.06  1.60%   
VNET Group Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 48.2 M in 2024. Tax Provision is the amount set aside by VNET Group DRC to cover any estimated taxes for the current period. It reflects VNET Group's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
61.4 M
Current Value
59.1 M
Quarterly Volatility
26 M
 
Covid
Check VNET Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VNET Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 214.8 M or Selling General Administrative of 471.2 M, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 3.0E-4 or PTB Ratio of 0.48. VNET financial statements analysis is a perfect complement when working with VNET Group Valuation or Volatility modules.
  
Check out the analysis of VNET Group Correlation against competitors.

Latest VNET Group's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of VNET Group DRC 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. VNET Group's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VNET Group'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  

VNET Tax Provision Regression Statistics

Arithmetic Mean45,450,596
Geometric Mean45,730,989
Coefficient Of Variation117.90
Mean Deviation33,771,251
Median47,830,000
Standard Deviation53,585,357
Sample Variance2871.4T
Range223.6M
R-Value0.27
Mean Square Error2861.5T
R-Squared0.07
Significance0.32
Slope3,273,284
Total Sum of Squares40199.5T

VNET Tax Provision History

202448.2 M
202363.8 M
2022133.5 M
2021111.4 M
2020109.3 M
20195.4 M
201824.4 M

About VNET Group Financial Statements

VNET Group shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although VNET Group investors may analyze each financial statement separately, they are all interrelated. The changes in VNET Group's assets and liabilities, for example, are also reflected in the revenues and expenses on on VNET Group's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision63.8 M48.2 M

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Additional Tools for VNET Stock Analysis

When running VNET Group's price analysis, check to measure VNET Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VNET Group is operating at the current time. Most of VNET Group's value examination focuses on studying past and present price action to predict the probability of VNET Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VNET Group's price. Additionally, you may evaluate how the addition of VNET Group to your portfolios can decrease your overall portfolio volatility.