Genius Tax Provision from 2010 to 2024

GNS Stock  USD 0.82  0.02  2.50%   
Genius Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Genius Group to cover any estimated taxes for the current period. It reflects Genius' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
-1.1 M
Current Value
-1 M
Quarterly Volatility
477.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genius financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genius' main balance sheet or income statement drivers, such as Interest Expense of 3.9 M, Other Operating Expenses of 62.1 M or Interest Income of 86.4 K, as well as many indicators such as Price To Sales Ratio of 15.16, Dividend Yield of 0.0 or PTB Ratio of 24.92. Genius financial statements analysis is a perfect complement when working with Genius Valuation or Volatility modules.
  
Check out the analysis of Genius Correlation against competitors.

Latest Genius' Tax Provision Growth Pattern

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

Genius Tax Provision Regression Statistics

Arithmetic Mean(140,903)
Geometric Mean170,768
Coefficient Of Variation(338.90)
Mean Deviation365,910
Median111,310
Standard Deviation477,524
Sample Variance228B
Range1.2M
R-Value(0.74)
Mean Square Error112B
R-Squared0.54
Significance0
Slope(78,764)
Total Sum of Squares3.2T

Genius Tax Provision History

2024-1 M
2023-1.1 M
2022-1.1 M
2021-128.9 K
202069.2 K

About Genius Financial Statements

Genius shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Genius investors may analyze each financial statement separately, they are all interrelated. The changes in Genius' assets and liabilities, for example, are also reflected in the revenues and expenses on on Genius' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision-1.1 M-1 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Genius Stock Analysis

When running Genius' price analysis, check to measure Genius' 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 Genius is operating at the current time. Most of Genius' value examination focuses on studying past and present price action to predict the probability of Genius' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genius' price. Additionally, you may evaluate how the addition of Genius to your portfolios can decrease your overall portfolio volatility.