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Popular BPOP US — Valuation Allowance Deferred Tax Asset Change In Amount

Discontinued — last reported Q4 '22

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EQHValuation Allowance

Other financials

Income statement

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Revenue$835.8M+10.3%
Net income$245.7M+38.4%
EPS (diluted)$3.78+47.7%

Balance sheet

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Cash & equivalents$394.7M+1.1%
Total debt$1.6B+13.3%
Total equity$6.3B+8.8%
Total assets$76.1B+2.8%

Cash flow

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Operating cash flow$191.6M+11.4%
CapEx$36.7M-28.8%
Free cash flow$154.9M+28.5%

Valuation

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Market cap$10.28B+36.1%
Enterprise value$11.49B+33.6%
P/E11.4×+0.4×
P/S3.1×+0.6×

Profitability

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Net margin27.5%+4.4pp
FCF margin21.8%+5.9pp

Returns & leverage

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Return on equity14.9%+2.3pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Popular in its filing.

Tagged under the XBRL concept us-gaap:ValuationAllowanceDeferredTaxAssetChangeInAmount.

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

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Questions, answered.

What is Popular's US — valuation allowance deferred tax asset change in amount?
Popular (BPOP) reported US — valuation allowance deferred tax asset change in amount of $68.2M in Q4 2022.
What does US — valuation allowance deferred tax asset change in amount mean?
The change in the reserve set aside for tax assets that the company may not be able to use to reduce future tax payments.
How do you interpret US — valuation allowance deferred tax asset change in amount?
A decrease in the allowance is positive, signaling increased confidence in the company's ability to generate future taxable income.
How does US — valuation allowance deferred tax asset change in amount compare across companies?
Commonly reported by all corporations under ASC 740 regarding the realizability of deferred tax assets.