Non-Current Assets

Tax Credit Carryforward Valuation Allowance

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2016
Last reportedQ4 2025

How to read this metric

An increase signals management's reduced confidence in utilizing tax credits, while a decrease suggests improved prospects for tax savings.

Detailed definition

This is a contra-asset account established against deferred tax assets related to tax credit carryforwards when it is mo...

Peer comparison

Varies significantly based on profitability and tax jurisdiction; peers with stable earnings typically maintain lower valuation allowances.

Metric ID: tax_credit_carryforward_valuation_allowance

Geographic Breakdown

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Foreign Subsidiaries$416.00M$475.00M$394.00M$314.00M$242.00M
Total

Frequently Asked Questions

What does tax credit carryforward valuation allowance mean?
A reserve account reducing the value of tax credits that the company may not be able to use.