Other
Foreign currency remeasurement
General Motors Foreign currency remeasurement remained flat by 0.0% to $18.25M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 217.7%, from -$15.50M to $18.25M. Over 3 years (FY 2021 to FY 2024), Foreign currency remeasurement shows an upward trend with a 37.6% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ1 2013
Last reportedQ4 2024Jan 28, 2025
How to read this metric
High volatility suggests significant exposure to currency fluctuations in the company's tax planning.
Detailed definition
This metric captures the tax impact of foreign currency remeasurement on the company's effective tax rate. It accounts f...
Peer comparison
Standard for multinational corporations with significant international operations.
Metric ID:
other_effective_income_tax_rate_reconciliation_foreign_c_ec5fa1Historical Data
4 years
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $28.00M | $36.00M | -$62.00M | $73.00M |
| YoY Change | — | +28.6% | -272.2% | +217.7% |
Range-$62.00M – $73.00M
CAGR+37.6%
Avg YoY Growth-8.6%
Median YoY Growth+28.6%
Foreign currency remeasurement at Other Companies
Frequently Asked Questions
- What is General Motors's foreign currency remeasurement?
- General Motors (GM) reported foreign currency remeasurement of $18.25M in Q4 2024.
- How has General Motors's foreign currency remeasurement changed year-over-year?
- General Motors's foreign currency remeasurement increased by 217.7% year-over-year, from -$15.50M to $18.25M.
- What is the long-term trend for General Motors's foreign currency remeasurement?
- Over 3 years (2021 to 2024), General Motors's foreign currency remeasurement has grown at a 37.6% compound annual growth rate (CAGR), from $28.00M to $73.00M.
- What does foreign currency remeasurement mean?
- The tax impact caused by changes in foreign currency exchange rates.