GLSHQ (Gelesis Holdings) Tax Provision: $-0.50 Mil (TTM As of Jun. 2023)

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What is Gelesis Holdings Tax Provision?

Gelesis Holdings GLSHQ -99.00% Tax Provision is $-0.50 Mil as of Jun. 2023.

Gelesis Holdings's tax provision for the three months ended in Jun. 2023 was $0.00 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.50 Mil.

Gelesis Holdings Tax Provision Historical Data

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The historical data trend for Gelesis Holdings's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gelesis Holdings Tax Provision Chart

Gelesis Holdings Annual Data
Trend Dec21 Dec22
Tax Provision
-0.02 -0.48

Gelesis Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.48 -0.02 0.00

Gelesis Holdings Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.50 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-0.50 Mil mean?
Gelesis Holdings (GLSHQ) has a Tax Provision of $-0.50 Mil as of Jun. 2023. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Gelesis Holdings and its competitors.
Is Gelesis Holdings' Tax Provision too high?
Gelesis Holdings' current Tax Provision is $-0.50 Mil.
How does Gelesis Holdings' Tax Provision compare to RBSH and PPCB?
Gelesis Holdings' Tax Provision of $-0.50 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Biotechnology company?
A good Tax Provision depends on the Biotechnology industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Gelesis Holdings and its competitors. Gelesis Holdings's current Tax Provision is $-0.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gelesis Holdings stock overvalued right now?
Gelesis Holdings (GLSHQ) has a current Tax Provision of $-0.50 Mil. The current Tax Provision is $-0.50 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Gelesis Holdings (GLSHQ), the current Tax Provision is $-0.50 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gelesis Holdings Business Description

Address 501 Boylston Street, Suite 6102, Boston, MA, USA, 02116
Gelesis Holdings Inc is a biotherapeutics company advancing a novel category of treatments for weight management and gut related chronic diseases. Its portfolio includes Plenity, an FDA-cleared product to aid in weight management, as well as potential therapies in development for patients with Type 2 Diabetes, Non-alcoholic Fatty Liver Disease (NAFLD)/Non-alcoholic Steatohepatitis (NASH), and Functional Constipation.