OTECW (OceanTech Acquisitions I) Tax Provision: $-0.07 Mil (TTM As of Mar. 2024)

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OTECW OceanTech Acquisitions I Corp OTECW
20 GF Score
Price $0.07
! 4 Warning Signs
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What is OceanTech Acquisitions I Tax Provision?

OceanTech Acquisitions I OTECW 20 Tax Provision is $-0.07 Mil as of Mar. 2024. GuruFocus rates OTECW with a GF Score™ of 20/100. The stock has 4 warning signs investors should review.

OceanTech Acquisitions I's tax provision for the three months ended in Mar. 2024 was $-0.01 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.07 Mil.

OceanTech Acquisitions I Tax Provision Historical Data

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The historical data trend for OceanTech Acquisitions I'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.

OceanTech Acquisitions I Tax Provision Chart

OceanTech Acquisitions I Annual Data
Trend Dec21 Dec22 Dec23
Tax Provision
0.00 0.00 -0.06

OceanTech Acquisitions I Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -0.04 -0.04 0.02 -0.01
OTECW
20GF Score
OceanTech Acquisitions I Corp OTECW
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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OceanTech Acquisitions I Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 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 $-0.07 Mil mean?
OceanTech Acquisitions I (OTECW) has a Tax Provision of $-0.07 Mil as of Mar. 2024. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on OceanTech Acquisitions I and its competitors.
Is OceanTech Acquisitions I's Tax Provision too high?
OceanTech Acquisitions I's current Tax Provision is $-0.07 Mil. Overall, OceanTech Acquisitions I has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does OceanTech Acquisitions I's Tax Provision compare to FATP and WAVS?
OceanTech Acquisitions I's Tax Provision of $-0.07 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Tax Provision depends on the Diversified Financial Services 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 OceanTech Acquisitions I and its competitors. OceanTech Acquisitions I's current Tax Provision is $-0.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OceanTech Acquisitions I stock overvalued right now?
OceanTech Acquisitions I (OTECW) has a current Tax Provision of $-0.07 Mil. The current Tax Provision is $-0.07 Mil. OceanTech Acquisitions I's overall GF Score™ is 20/100 with 4 warning signs to review. 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 OceanTech Acquisitions I (OTECW), the current Tax Provision is $-0.07 Mil as of Mar. 2024. 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.

OceanTech Acquisitions I Business Description

Address 515 Madison Avenue, 8th Floor - Suite 8133, New York, NY, USA, 10022
OceanTech Acquisitions I Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
20GF Score

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