Fortuna Tax Provision from 2010 to 2024

FSM Stock  USD 4.54  0.24  5.02%   
Fortuna Silver Tax Provision yearly trend continues to be very stable with very little volatility. Tax Provision is likely to drop to about 213.8 K. Tax Provision is the amount set aside by Fortuna Silver Mines to cover any estimated taxes for the current period. It reflects Fortuna Silver's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
7.7 M
Current Value
15.1 M
Quarterly Volatility
6.6 M
 
Covid
Check Fortuna Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortuna Silver's main balance sheet or income statement drivers, such as Interest Expense of 23.3 M, Other Operating Expenses of 885 M or EBIT of 10.5 M, as well as many indicators such as Price To Sales Ratio of 1.28, Dividend Yield of 0.0 or PTB Ratio of 0.97. Fortuna financial statements analysis is a perfect complement when working with Fortuna Silver Valuation or Volatility modules.
  
Check out the analysis of Fortuna Silver Correlation against competitors.

Latest Fortuna Silver's Tax Provision Growth Pattern

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

Fortuna Tax Provision Regression Statistics

Arithmetic Mean17,479,183
Geometric Mean8,657,557
Coefficient Of Variation89.31
Mean Deviation13,564,120
Median7,391,000
Standard Deviation15,611,316
Sample Variance243.7T
Range47.6M
R-Value0.21
Mean Square Error250.9T
R-Squared0.04
Significance0.45
Slope732,329
Total Sum of Squares3412T

Fortuna Tax Provision History

2024213.8 K
2023225 K
202210.8 M
202147.8 M
202037.4 M
201920.2 M
201833.4 M

About Fortuna Silver Financial Statements

Fortuna Silver investors utilize fundamental indicators, such as Tax Provision, to predict how Fortuna Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision225 K213.8 K

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When determining whether Fortuna Silver Mines is a strong investment it is important to analyze Fortuna Silver's 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 Fortuna Silver's future performance. For an informed investment choice regarding Fortuna Stock, refer to the following important reports:
Check out the analysis of Fortuna Silver Correlation against competitors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Metals & Mining 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 Fortuna Silver. If investors know Fortuna 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 Fortuna Silver 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
0.778
Earnings Share
0.07
Revenue Per Share
3.329
Quarterly Revenue Growth
0.131
Return On Assets
0.0404
The market value of Fortuna Silver Mines is measured differently than its book value, which is the value of Fortuna that is recorded on the company's balance sheet. Investors also form their own opinion of Fortuna Silver's value that differs from its market value or its book value, called intrinsic value, which is Fortuna Silver'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 Fortuna Silver's market value can be influenced by many factors that don't directly affect Fortuna Silver'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 Fortuna Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortuna Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortuna Silver'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.