Discontinued — last reported Q1 '24
Geographic · Tax Adjustments, Settlements, and Unusual Provisions
Italy — Tax Adjustments, Settlements, and Unusual Provisions
ITT Italy — Tax Adjustments, Settlements, and Unusual Provisions increased by 6950.0% to $14.1M in Q1 2024 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ1 2024May 2, 2024
How to read this metric
High values indicate significant tax-related volatility or legal disputes, which can negatively impact net income and cash flow in the period they are recognized.
Detailed definition
This metric captures non-recurring financial impacts related to tax audits, legal settlements, or significant adjustment...
Peer comparison
Comparable to 'discrete tax items' or 'non-recurring tax adjustments' reported in the tax reconciliation notes of global companies.
Metric ID:
itt_segment_italy_tax_adjustments_settlements_and_unusual_provisionsHistorical Data
4 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | |
|---|---|---|---|---|
| Value | $14.1M | $14.1M | $200K | $14.1M |
| QoQ Change | — | +0.0% | -98.6% | >999% |
| YoY Change | — | — | — | +0.0% |
Range$200K – $14.1M
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
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Frequently Asked Questions
- What is ITT's italy — tax adjustments, settlements, and unusual provisions?
- ITT (ITT) reported italy — tax adjustments, settlements, and unusual provisions of $14.1M in Q1 2024.
- What does italy — tax adjustments, settlements, and unusual provisions mean?
- One-time costs or savings related to tax disputes or unusual tax accounting adjustments in Italy.