Discontinued — last reported Q4 '23
Geographic · Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount
Germany — Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount
ITT Germany — Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount increased by 100.0% to $32.60M in Q4 2023 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ4 2023Feb 10, 2025
How to read this metric
An increase in the allowance suggests management has reduced its expectation of future profitability in that region, while a decrease signals improved tax asset recoverability.
Detailed definition
This metric measures the periodic change in the valuation allowance established against deferred tax assets in the Germa...
Peer comparison
Comparable to deferred tax asset valuation allowance adjustments reported by companies with significant international tax planning and regional earnings volatility.
Metric ID:
itt_segment_germany_valuation_allowance_deferred_tax_asset_increase_decrease_amountHistorical Data
4 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|
| Value | $16.30M | $16.30M | $16.30M | $32.60M |
| QoQ Change | — | +0.0% | +0.0% | +100.0% |
Range$16.30M – $32.60M
Current Streak3+ quarters growth
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Frequently Asked Questions
- What is ITT's germany — valuation allowance, deferred tax asset, increase (decrease), amount?
- ITT (ITT) reported germany — valuation allowance, deferred tax asset, increase (decrease), amount of $32.60M in Q4 2023.
- What does germany — valuation allowance, deferred tax asset, increase (decrease), amount mean?
- The change in the reserve set aside for tax assets that may not be fully recoverable in Germany.