Sprout Tax Provision from 2010 to 2024

SPT Stock  USD 31.45  0.57  1.78%   
Sprout Social 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 Sprout Social to cover any estimated taxes for the current period. It reflects Sprout Social's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
203 K
Current Value
254 K
Quarterly Volatility
369.1 K
 
Covid
Check Sprout Social financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sprout Social's main balance sheet or income statement drivers, such as Tax Provision of 681.5 K, Net Interest Income of 4.5 M or Interest Income of 7.4 M, as well as many indicators such as Price To Sales Ratio of 8.95, Dividend Yield of 0.0 or PTB Ratio of 24.9. Sprout financial statements analysis is a perfect complement when working with Sprout Social Valuation or Volatility modules.
  
Check out the analysis of Sprout Social Correlation against competitors.
For more information on how to buy Sprout Stock please use our How to Invest in Sprout Social guide.

Latest Sprout Social's Tax Provision Growth Pattern

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

Sprout Tax Provision Regression Statistics

Arithmetic Mean141,497
Geometric Mean0.00
Coefficient Of Variation167.32
Mean Deviation178,862
Median0.00
Standard Deviation236,749
Sample Variance56.1B
Range681.5K
R-Value0.80
Mean Square Error21.6B
R-Squared0.64
Significance0.0003
Slope42,404
Total Sum of Squares784.7B

Sprout Tax Provision History

2024681.5 K
2023649 K
2022366 K
2021211 K
2020127 K
201966 K
201822 K

About Sprout Social Financial Statements

Sprout Social shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Sprout Social investors may analyze each financial statement separately, they are all interrelated. The changes in Sprout Social's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sprout Social's 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 Provision649 K681.5 K

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Additional Tools for Sprout Stock Analysis

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