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.

Janus Living JAN Tax Credit Carryforward Valuation Allowance

Tax Credit Carryforward Valuation Allowance at other companies

Trex CompanyTREX

$2.2M-15.4%

OGS

ONE GASOGS

$0—

The Vita Coco Company, Inc.COCO

$3.65M+1.8%

TFS FinancialTFSL

$0—

Marathon Digital HoldingsMARA

$463.3M—

Ryan Specialty HoldingsRYAN

$0—

Other financials

Income statement

See full

Revenue$4.7M-2.8%

Gross profit$3.6M+85.6%

Operating income-$2.7M-41.0%

Net income-$271.5M-11,250%

EPS (diluted)-$2.14-1,327%

Balance sheet

See full

Cash & equivalents$10.5M-2.7%

Total debt$107.0K-99.4%

Total equity$889.7M+3,976%

Total assets$959.7M+1,130%

Cash flow

See full

Operating cash flow-$12.3M-764%

CapEx$2.8K—

Free cash flow-$1.8M—

Valuation

See full

Market cap$5.56B+43,568%

Enterprise value$5.55B+26,232%

P/S231.5×+231×

Profitability

See full

Gross margin46.5%+1.2pp

Operating margin-99.7%-717pp

Net margin-2,552.7%-2,601pp

FCF margin-29.7%—

Returns & leverage

See full

Return on equity-134.6%-791pp

Debt / equity0×-0.5×

Current ratio0.8×0.0×

Where this comes from

Reported directly by Janus Living in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsValuationAllowance.

The official record: Janus Living ’s 10-K, filed April 11, 2026, on SEC EDGAR. View the filing →

Ask your AI about Janus Living 's tax credit carryforward valuation allowance.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Janus Living 's tax credit carryforward valuation allowance?: Janus Living (JAN) reported tax credit carryforward valuation allowance of $8.96M in Q4 2025.
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.