TriMas Tax Provision from 2010 to 2024

TRS Stock  USD 24.59  0.05  0.20%   
TriMas Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 10.8 M in 2024. Tax Provision is the amount set aside by TriMas to cover any estimated taxes for the current period. It reflects TriMas' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
1.7 M
Current Value
860 K
Quarterly Volatility
4.8 M
 
Covid
Check TriMas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TriMas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 45.9 M, Interest Expense of 22.5 M or Total Revenue of 948.7 M, as well as many indicators such as Price To Sales Ratio of 1.12, Dividend Yield of 0.0061 or PTB Ratio of 1.46. TriMas financial statements analysis is a perfect complement when working with TriMas Valuation or Volatility modules.
  
Check out the analysis of TriMas Correlation against competitors.
For more information on how to buy TriMas Stock please use our How to Invest in TriMas guide.

Latest TriMas' Tax Provision Growth Pattern

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

TriMas Tax Provision Regression Statistics

Arithmetic Mean8,775,674
Geometric Mean12,135,691
Coefficient Of Variation165.34
Mean Deviation9,646,052
Median6,540,000
Standard Deviation14,509,585
Sample Variance210.5T
Range58.2M
R-Value0.17
Mean Square Error220.4T
R-Squared0.03
Significance0.55
Slope539,806
Total Sum of Squares2947.4T

TriMas Tax Provision History

202410.8 M
202315.4 M
202221.5 M
202111.8 M
2020-22.9 M
201916.3 M
201822.7 M

About TriMas Financial Statements

TriMas shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although TriMas investors may analyze each financial statement separately, they are all interrelated. The changes in TriMas' assets and liabilities, for example, are also reflected in the revenues and expenses on on TriMas' 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 Provision15.4 M10.8 M

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Additional Tools for TriMas Stock Analysis

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