Farmmi Tax Provision from 2010 to 2024

FAMI Stock  USD 0.29  0.03  11.54%   
Farmmi's Tax Provision is decreasing with slightly volatile movements from year to year. Tax Provision is estimated to finish at about 296.3 K this year. Tax Provision is the amount set aside by Farmmi Inc to cover any estimated taxes for the current period. It reflects Farmmi's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
282.1 K
Current Value
296.3 K
Quarterly Volatility
154.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Farmmi financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Farmmi's main balance sheet or income statement drivers, such as Tax Provision of 296.3 K, Interest Income of 898.2 K or Depreciation And Amortization of 349.6 K, as well as many indicators such as Price To Sales Ratio of 0.13, Dividend Yield of 0.0 or PTB Ratio of 0.0915. Farmmi financial statements analysis is a perfect complement when working with Farmmi Valuation or Volatility modules.
  
Check out the analysis of Farmmi Correlation against competitors.

Latest Farmmi's Tax Provision Growth Pattern

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

Farmmi Tax Provision Regression Statistics

Arithmetic Mean176,651
Coefficient Of Variation87.60
Mean Deviation142,393
Median282,144
Standard Deviation154,753
Sample Variance23.9B
Range431.9K
R-Value(0.31)
Mean Square Error23.3B
R-Squared0.09
Significance0.26
Slope(10,660)
Total Sum of Squares335.3B

Farmmi Tax Provision History

2024296.3 K
2023282.1 K
2022313.5 K
2021-118.4 K
202025.6 K
201935.3 K
201834.6 K

About Farmmi Financial Statements

Investors use fundamental indicators, such as Farmmi's Tax Provision, to determine how well the company is positioned to perform in the future. Although Farmmi's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Tax Provision282.1 K296.3 K

Currently Active Assets on Macroaxis

When determining whether Farmmi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Farmmi'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 Farmmi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Farmmi Inc Stock:
Check out the analysis of Farmmi Correlation against competitors.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Packaged Foods & Meats 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 Farmmi. If investors know Farmmi 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 Farmmi 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
(0.85)
Earnings Share
2.12
Revenue Per Share
16.275
Quarterly Revenue Growth
(0.40)
Return On Assets
0.0083
The market value of Farmmi Inc is measured differently than its book value, which is the value of Farmmi that is recorded on the company's balance sheet. Investors also form their own opinion of Farmmi's value that differs from its market value or its book value, called intrinsic value, which is Farmmi'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 Farmmi's market value can be influenced by many factors that don't directly affect Farmmi'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 Farmmi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Farmmi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Farmmi'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.