Skip to content
OpenCapital
Get started

Brunswick BC Tax Credit Carryforward Valuation Allowance

Tax Credit Carryforward Valuation Allowance at other companies

Caterpillar logo
CaterpillarCAT
$840M-3.9%

Other financials

Income statement

See full
Revenue$1.4B+12.8%
Gross profit$343.6M+13.1%
Operating income$50.3M-10.7%
Net income$21.0M+4.0%
EPS (diluted)$0.32+6.7%

Balance sheet

See full
Cash & equivalents$288.5M-5.3%
Total debt$2.9B-2.7%
Total equity$1.6B-14.5%
Total assets$5.5B-6.0%

Cash flow

See full
Operating cash flow-$64.1M-134%
CapEx$57.2M+51.7%
Free cash flow-$121.3M-86.3%

Valuation

See full
Market cap$5.43B+33.5%
Enterprise value$8.07B+18.0%
P/S1×+0.2×

Profitability

See full
Gross margin24.9%-0.3pp
Operating margin8.7%-3.6pp
Net margin5%-2.5pp
FCF margin6.2%—

Returns & leverage

See full
Return on equity13.3%-11.3pp
Debt / equity1.8×+0.2×
Current ratio1.4×-0.2×

Questions, answered.

What does tax credit carryforward valuation allowance mean?
This is a contra-asset account that reduces the carrying value of tax credit carryforwards when it is more likely than not that some or all of the credits will not be realized. It reflects management's assessment of the company's ability to generate sufficient future taxable income. A high allowance suggests uncertainty regarding the realization of tax benefits.