MCRAA (McRae Industries) Tax Provision: $-3.0 Mil (TTM As of Jul. 2023)

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MCRAA McRae Industries Inc MCRAA
12 GF Score
Price $50.83
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What is McRae Industries Tax Provision?

McRae Industries MCRAA 12 Tax Provision is $-3.0 Mil as of Jul. 2023. GuruFocus rates MCRAA with a GF Score™ of 12/100.

McRae Industries's tax provision for the six months ended in Jul. 2023 was $-3.0 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jul. 2023 was $-3.0 Mil.

McRae Industries Tax Provision Historical Data

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The historical data trend for McRae Industries'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.

McRae Industries Tax Provision Chart

McRae Industries Annual Data
Trend Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.35 -0.92 -1.09 -3.21 -3.00

McRae Industries Semi-Annual Data
Jul89 Jul90 Jul91 Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.35 -0.92 -1.09 -3.21 -3.00
MCRAA
12GF Score
McRae Industries Inc MCRAA
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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McRae Industries Tax Provision Calculation

Tax to be paid.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Tax Provision for the trailing twelve months (TTM) ended in Jul. 2023 was $-3.0 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 $-3.0 Mil mean?
McRae Industries (MCRAA) has a Tax Provision of $-3.0 Mil as of Jul. 2023. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on McRae Industries and its competitors.
Is McRae Industries' Tax Provision too high?
McRae Industries' current Tax Provision is $-3.0 Mil. Overall, McRae Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does McRae Industries' Tax Provision compare to RCKY and DBI?
McRae Industries' Tax Provision of $-3.0 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Tax Provision depends on the Manufacturing - Apparel & Accessories 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 McRae Industries and its competitors. McRae Industries's current Tax Provision is $-3.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McRae Industries stock overvalued right now?
McRae Industries (MCRAA) has a current Tax Provision of $-3.0 Mil. The current Tax Provision is $-3.0 Mil. McRae Industries' overall GF Score™ is 12/100. 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 McRae Industries (MCRAA), the current Tax Provision is $-3.0 Mil as of Jul. 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.

McRae Industries Business Description

Address 400 North Main Street, P.O. Box 1239, Mount Gilead, NC, USA, 27306
McRae Industries Inc operates in the footwear industry. It is engaged in the manufacturing, sales, and distribution of boot products targeted to the western lifestyle and work boot markets. The company also manufactures military combat boots for the U.S. Government and operates other smaller businesses. It has a wholly owned subsidiary that designs, markets, and distributes men's, women's, and children's footwear under the following brands: Dan Post, Laredo Western Boots, Dingo, and McRae Footwear.
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Get the complete analysis for MCRAA

Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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