GameStop Tax Provision from 2010 to 2024

GME Stock  USD 30.89  0.56  1.85%   
GameStop Corp's Tax Provision is decreasing over the years with slightly volatile fluctuation. Tax Provision is expected to dwindle to about 6.1 M. Tax Provision is the amount set aside by GameStop Corp to cover any estimated taxes for the current period. It reflects GameStop Corp's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-04-30
Previous Quarter
7.9 M
Current Value
2.7 M
Quarterly Volatility
28.4 M
 
Covid
Check GameStop Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GameStop Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 110.5 M, Interest Expense of 4.5 M or Total Revenue of 6.4 B, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.0456 or PTB Ratio of 1.93. GameStop financial statements analysis is a perfect complement when working with GameStop Corp Valuation or Volatility modules.
  
Check out the analysis of GameStop Corp Correlation against competitors.
For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.

Latest GameStop Corp's Tax Provision Growth Pattern

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

GameStop Tax Provision Regression Statistics

Arithmetic Mean104,325,333
Geometric Mean59,712,058
Coefficient Of Variation104.11
Mean Deviation100,749,689
Median45,600,000
Standard Deviation108,612,686
Sample Variance11796.7T
Range277.7M
R-Value(0.90)
Mean Square Error2395.2T
R-Squared0.81
Slope(21,877,643)
Total Sum of Squares165154T

GameStop Tax Provision History

20246.1 M
20236.4 M
202211 M
2021-14.1 M
2020-55.3 M
201937.6 M
201841.7 M

About GameStop Corp Financial Statements

GameStop Corp stakeholders use historical fundamental indicators, such as GameStop Corp's Tax Provision, to determine how well the company is positioned to perform in the future. Although GameStop Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in GameStop Corp's assets and liabilities are reflected in the revenues and expenses on GameStop Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in GameStop Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision6.4 M6.1 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether GameStop Corp is a strong investment it is important to analyze GameStop Corp'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 GameStop Corp's future performance. For an informed investment choice regarding GameStop Stock, refer to the following important reports:
Check out the analysis of GameStop Corp Correlation against competitors.
For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Computer & Electronics Retail 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 GameStop Corp. If investors know GameStop 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 GameStop Corp 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
0.259
Earnings Share
0.14
Revenue Per Share
13.97
Quarterly Revenue Growth
(0.31)
Return On Assets
0.0004
The market value of GameStop Corp is measured differently than its book value, which is the value of GameStop that is recorded on the company's balance sheet. Investors also form their own opinion of GameStop Corp's value that differs from its market value or its book value, called intrinsic value, which is GameStop Corp'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 GameStop Corp's market value can be influenced by many factors that don't directly affect GameStop Corp'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 GameStop Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GameStop Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GameStop Corp'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.