CRH Tax Provision from 2010 to 2024
| CRH Stock | USD 82.55 0.43 0.52% |
Tax Provision | First Reported 2010-12-31 | Previous Quarter 925 M | Current Value 563.1 M | Quarterly Volatility 232.4 M |
Check CRH PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CRH main balance sheet or income statement drivers, such as Depreciation And Amortization of 870 M, Interest Expense of 312 M or Selling General Administrative of 7.9 B, as well as many exotic indicators such as Price To Sales Ratio of 1.5, Dividend Yield of 0.0187 or PTB Ratio of 1.63. CRH financial statements analysis is a perfect complement when working with CRH PLC Valuation or Volatility modules.
CRH | Tax Provision |
Latest CRH PLC's Tax Provision Growth Pattern
Below is the plot of the Tax Provision of CRH PLC ADR 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. CRH PLC's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CRH PLC's overall financial position and show how it may be relating to other accounts over time.
| Tax Provision | 10 Years Trend |
|
Tax Provision |
| Timeline |
CRH Tax Provision Regression Statistics
| Arithmetic Mean | 446,005,185 | |
| Geometric Mean | 346,936,615 | |
| Coefficient Of Variation | 52.11 | |
| Mean Deviation | 180,139,556 | |
| Median | 396,000,000 | |
| Standard Deviation | 232,426,979 | |
| Sample Variance | 54022.3T | |
| Range | 913M | |
| R-Value | 0.73 | |
| Mean Square Error | 27178.3T | |
| R-Squared | 0.53 | |
| Significance | 0 | |
| Slope | 37,937,659 | |
| Total Sum of Squares | 756312.2T |
CRH Tax Provision History
About CRH PLC Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include CRH PLC income statement, its balance sheet, and the statement of cash flows. CRH PLC investors use historical funamental indicators, such as CRH PLC's Tax Provision, to determine how well the company is positioned to perform in the future. Although CRH PLC investors may use each financial statement separately, they are all related. The changes in CRH PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CRH PLC'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 CRH PLC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CRH PLC. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Tax Provision | 925 M | 563.1 M |
CRH PLC Investors Sentiment
The influence of CRH PLC's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CRH. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CRH PLC's public news can be used to forecast risks associated with an investment in CRH. The trend in average sentiment can be used to explain how an investor holding CRH can time the market purely based on public headlines and social activities around CRH PLC ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CRH PLC's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CRH PLC's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CRH PLC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CRH PLC.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CRH PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CRH PLC's short interest history, or implied volatility extrapolated from CRH PLC options trading.
Pair Trading with CRH PLC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CRH PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CRH PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with CRH Stock
| 0.73 | CX | Cemex SAB de | PairCorr |
| 0.74 | EXP | Eagle Materials Earnings Call This Week | PairCorr |
| 0.61 | JHX | James Hardie Industries Earnings Call This Week | PairCorr |
Moving against CRH Stock
| 0.47 | RETO | ReTo Eco Solutions | PairCorr |
The ability to find closely correlated positions to CRH PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CRH PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CRH PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CRH PLC ADR to buy it.
The correlation of CRH PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CRH PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CRH PLC ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CRH PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of CRH PLC Correlation against competitors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for CRH Stock analysis
When running CRH PLC's price analysis, check to measure CRH PLC'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 CRH PLC is operating at the current time. Most of CRH PLC's value examination focuses on studying past and present price action to predict the probability of CRH PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CRH PLC's price. Additionally, you may evaluate how the addition of CRH PLC to your portfolios can decrease your overall portfolio volatility.
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Is CRH PLC'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 CRH PLC. If investors know CRH 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 CRH PLC 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 (0.42) | Dividend Share 1.68 | Earnings Share 4.54 | Revenue Per Share 49.365 | Quarterly Revenue Growth 0.016 |
The market value of CRH PLC ADR is measured differently than its book value, which is the value of CRH that is recorded on the company's balance sheet. Investors also form their own opinion of CRH PLC's value that differs from its market value or its book value, called intrinsic value, which is CRH PLC'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 CRH PLC's market value can be influenced by many factors that don't directly affect CRH PLC'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 CRH PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if CRH PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CRH PLC'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.