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AGCO AGCO Brazil — Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount

Discontinued — last reported Q4 '21

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AGXGB — Valuation Allowance Deferred Tax Asset Change In Amount
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AGXGB — Deferred Tax Assets Valuation Allowance
$7.1M0.0%
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BPOPUS — Valuation Allowance Deferred Tax Asset Change In Amount

Other financials

Income statement

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Revenue$2.3B+14.3%
Gross profit$581.4M+11.7%
Operating income$80.7M+63.4%
Net income$55.0M+424%
EPS (diluted)$0.76+443%

Balance sheet

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Cash & equivalents$514.9M-8.5%
Total debt$2.7B-12.3%
Total equity$4.3B+12.8%
Total assets$12.0B+4.9%

Cash flow

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Operating cash flow-$410.4M-93.4%
CapEx$44.6M-7.5%
Free cash flow-$455.0M-74.7%

Valuation

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Market cap$8.23B+21.5%
Enterprise value$10.46B+12.1%
P/E10.7×
P/S0.8×+0.2×

Profitability

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Gross margin25.3%+0.8pp
Operating margin6%+4.5pp
Net margin7.4%+5.2pp
FCF margin5.3%+0.6pp

Returns & leverage

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Return on equity19%+13.4pp
Debt / equity0.6×-0.2×
Current ratio1.3×-0.2×

Where this comes from

Reported directly by AGCO in its filing.

Tagged under the XBRL concept us-gaap:ValuationAllowanceDeferredTaxAssetChangeInAmount.

The official record: AGCO’s 10-K, filed March 1, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is AGCO's brazil — valuation allowance, deferred tax asset, increase (decrease), amount?
AGCO (AGCO) reported brazil — valuation allowance, deferred tax asset, increase (decrease), amount of $13.9M in Q4 2021.
What does brazil — valuation allowance, deferred tax asset, increase (decrease), amount mean?
The net change in the reserve account used to reduce the value of tax assets that may not be realized in the future for the Brazil segment.
How do you interpret brazil — valuation allowance, deferred tax asset, increase (decrease), amount?
An increase in the allowance suggests management expects lower future taxable income or tax-related challenges in Brazil, while a decrease suggests improved tax asset recoverability.
How does brazil — valuation allowance, deferred tax asset, increase (decrease), amount compare across companies?
Comparable to tax valuation allowance adjustments reported by multinational corporations with significant operations in emerging markets.