Exelixis Tax Provision from 2010 to 2024

EXEL Stock  USD 22.13  0.25  1.14%   
Exelixis Tax Provision yearly trend continues to be quite stable with very little volatility. Tax Provision may rise above about 32.5 M this year. Tax Provision is the amount set aside by Exelixis to cover any estimated taxes for the current period. It reflects Exelixis' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
17.5 M
Current Value
11.9 M
Quarterly Volatility
9.6 M
 
Covid
Check Exelixis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Exelixis' main balance sheet or income statement drivers, such as Interest Expense of 64.9 M, Total Revenue of 1.9 B or Gross Profit of 1.8 B, as well as many indicators such as Price To Sales Ratio of 3.81, Dividend Yield of 0.0 or PTB Ratio of 4.24. Exelixis financial statements analysis is a perfect complement when working with Exelixis Valuation or Volatility modules.
  
Check out the analysis of Exelixis Correlation against competitors.
For more information on how to buy Exelixis Stock please use our How to buy in Exelixis Stock guide.

Latest Exelixis' Tax Provision Growth Pattern

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

Exelixis Tax Provision Regression Statistics

Arithmetic Mean2,768,470
Geometric Mean0.00
Coefficient Of Variation2,582
Mean Deviation34,639,435
Median55,000
Standard Deviation71,491,442
Sample Variance5111T
Range315.1M
R-Value0.20
Mean Square Error5282.5T
R-Squared0.04
Significance0.47
Slope3,207,891
Total Sum of Squares71554.4T

Exelixis Tax Provision History

202432.5 M
202331 M
202252.1 M
202163.1 M
202019.1 M
201977.1 M
2018-238 M

About Exelixis Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Exelixis income statement, its balance sheet, and the statement of cash flows. Exelixis investors use historical funamental indicators, such as Exelixis's Tax Provision, to determine how well the company is positioned to perform in the future. Although Exelixis investors may use each financial statement separately, they are all related. The changes in Exelixis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Exelixis'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 Exelixis Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Exelixis. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision31 M32.5 M

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Additional Information and Resources on Investing in Exelixis Stock

When determining whether Exelixis is a strong investment it is important to analyze Exelixis' 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 Exelixis' future performance. For an informed investment choice regarding Exelixis Stock, refer to the following important reports:
Check out the analysis of Exelixis Correlation against competitors.
For more information on how to buy Exelixis Stock please use our How to buy in Exelixis Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Biotechnology 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 Exelixis. If investors know Exelixis 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 Exelixis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.65
Revenue Per Share
5.914
Quarterly Revenue Growth
0.04
Return On Assets
0.043
Return On Equity
0.0876
The market value of Exelixis is measured differently than its book value, which is the value of Exelixis that is recorded on the company's balance sheet. Investors also form their own opinion of Exelixis' value that differs from its market value or its book value, called intrinsic value, which is Exelixis' 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 Exelixis' market value can be influenced by many factors that don't directly affect Exelixis' 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 Exelixis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Exelixis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exelixis' 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.