Tax Credit Carryforward Valuation Allowance
New York Mortgage Trust Tax Credit Carryforward Valuation Allowance decreased by 6.1% to $24.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.1%, from $25.39M to $24.60M. Over 5 years (FY 2020 to FY 2025), Tax Credit Carryforward Valuation Allowance shows an upward trend with a 22.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase signals management's reduced confidence in utilizing tax credits, while a decrease suggests improved prospects for tax savings.
Detailed definition
This is a contra-asset account established against deferred tax assets related to tax credit carryforwards when it is mo...
Peer comparison
Varies significantly based on profitability and tax jurisdiction; peers with stable earnings typically maintain lower valuation allowances.
tax_credit_carryforward_valuation_allowanceHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.85M | $4.99M | $5.14M | $6.44M | $7.38M | $7.29M | $18.76M | $24.72M | $25.85M | $25.22M | $25.20M | $36.29M | $33.55M | $27.07M | $26.41M | $25.39M | $28.13M | $29.53M | $26.18M | $24.60M |
| QoQ Change | — | -43.6% | +2.9% | +25.4% | +14.6% | -1.3% | +157.4% | +31.8% | +4.6% | -2.5% | -0.1% | +44.0% | -7.5% | -19.3% | -2.4% | -3.9% | +10.8% | +5.0% | -11.3% | -6.1% |
| YoY Change | — | — | — | — | -16.6% | +45.9% | +265.2% | +283.7% | +250.3% | +246.1% | +34.4% | +46.8% | +29.8% | +7.3% | +4.8% | -30.0% | -16.1% | +9.1% | -0.9% | -3.1% |
Tax Credit Carryforward Valuation Allowance at Other Companies
Frequently Asked Questions
- What is New York Mortgage Trust's tax credit carryforward valuation allowance?
- New York Mortgage Trust (ADAM) reported tax credit carryforward valuation allowance of $24.60M in Q1 2026.
- How has New York Mortgage Trust's tax credit carryforward valuation allowance changed year-over-year?
- New York Mortgage Trust's tax credit carryforward valuation allowance decreased by 3.1% year-over-year, from $25.39M to $24.60M.
- What is the long-term trend for New York Mortgage Trust's tax credit carryforward valuation allowance?
- Over 5 years (2020 to 2025), New York Mortgage Trust's tax credit carryforward valuation allowance has grown at a 22.5% compound annual growth rate (CAGR), from $9.50M to $26.18M.
- What does tax credit carryforward valuation allowance mean?
- A reserve account reducing the value of tax credits that the company may not be able to use.