SYSX (Sysorex) Tax Provision: $-0.05 Mil (TTM As of Jun. 2023)

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What is Sysorex Tax Provision?

Sysorex SYSX Tax Provision is $-0.05 Mil as of Jun. 2023.

Sysorex'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 $-0.05 Mil.

Sysorex Tax Provision Historical Data

* Premium members only.

The historical data trend for Sysorex'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.

Sysorex Tax Provision Chart

Sysorex Annual Data
Trend Dec20 Dec21 Dec22
Tax Provision
0.00 0.00 -0.05

Sysorex Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.00 -0.05 0.00 0.00

Sysorex 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 $-0.05 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 $-0.05 Mil mean?
Sysorex (SYSX) has a Tax Provision of $-0.05 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 Sysorex and its competitors.
Is Sysorex's Tax Provision too high?
Sysorex's current Tax Provision is $-0.05 Mil.
How does Sysorex's Tax Provision compare to MS and GS?
Sysorex's Tax Provision of $-0.05 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Tax Provision depends on the Capital Markets 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 Sysorex and its competitors. Sysorex's current Tax Provision is $-0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sysorex stock overvalued right now?
Sysorex (SYSX) has a current Tax Provision of $-0.05 Mil. The current Tax Provision is $-0.05 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 Sysorex (SYSX), the current Tax Provision is $-0.05 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.

Sysorex Business Description

Address 13880 Dulles Corner Lane, Suite 120, Herndon, VA, USA, 20171
Sysorex Inc is a technology company focused on Ethereum mining and the Ethereum blockchain and information technology solutions mainly in the public sector segments including federal, state, and local governments. It currently owns and operates approximately 11,000 NVIDIA GPUs (Graphics Processing Units) generating approximately 500 Gigahash of computing power, which GPUs include thousands of Cryptocurrency Mining Processors (CMPs). These GPUs are currently online and securing the Ethereum Blockchain and generating ETH around the clock with industry driven efficiency.