Sphere Tax Provision from 2010 to 2024

ANY Stock  USD 1.02  0.02  1.92%   
Sphere 3D Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Sphere 3D Corp to cover any estimated taxes for the current period. It reflects Sphere 3D's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
49 K
Current Value
51.5 K
Quarterly Volatility
601.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sphere 3D financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sphere main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.1 M, Interest Expense of 1.1 M or Selling General Administrative of 10.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.75, Dividend Yield of 0.0019 or PTB Ratio of 0.95. Sphere financial statements analysis is a perfect complement when working with Sphere 3D Valuation or Volatility modules.
  
This module can also supplement Sphere 3D's financial leverage analysis and stock options assessment as well as various Sphere 3D Technical models . Check out the analysis of Sphere 3D Correlation against competitors.

Latest Sphere 3D's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Sphere 3D Corp 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. Sphere 3D's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sphere 3D's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Very volatile
   Tax Provision   
       Timeline  

Sphere Tax Provision Regression Statistics

Arithmetic Mean(113,570)
Geometric Mean0.00
Coefficient Of Variation(529.26)
Mean Deviation369,448
Median42,000
Standard Deviation601,083
Sample Variance361.3B
Range2.5M
R-Value0.06
Mean Square Error387.6B
R-Squared0
Significance0.83
Slope8,218
Total Sum of Squares5.1T

Sphere Tax Provision History

202451.5 K
202349 K
2022166 K
2021-15 K
2019 4000.0
2018null
2017-1.6 M

About Sphere 3D Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Sphere 3D income statement, its balance sheet, and the statement of cash flows. Sphere 3D investors use historical funamental indicators, such as Sphere 3D's Tax Provision, to determine how well the company is positioned to perform in the future. Although Sphere 3D investors may use each financial statement separately, they are all related. The changes in Sphere 3D's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sphere 3D's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Sphere 3D Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sphere 3D. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision49 K51.5 K

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When determining whether Sphere 3D Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sphere 3D's 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 Sphere 3d Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sphere 3d Corp Stock:
Check out the analysis of Sphere 3D Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is Sphere 3D's industry 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 Sphere 3D. If investors know Sphere 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 Sphere 3D listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.93)
Revenue Per Share
1.885
Quarterly Revenue Growth
1.295
Return On Assets
(0.17)
Return On Equity
(0.48)
The market value of Sphere 3D Corp is measured differently than its book value, which is the value of Sphere that is recorded on the company's balance sheet. Investors also form their own opinion of Sphere 3D's value that differs from its market value or its book value, called intrinsic value, which is Sphere 3D'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 Sphere 3D's market value can be influenced by many factors that don't directly affect Sphere 3D'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 Sphere 3D's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sphere 3D is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sphere 3D'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.