Discontinued — last reported Q4 '22
Geographic · Operating Loss Carryforwards
CA — Operating Loss Carryforwards
Ovintiv CA — Operating Loss Carryforwards decreased by 52.8% to $381M in Q4 2022 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2022Feb 27, 2023
Rolls up toNet Operating Loss Carryforwards
How to read this metric
Higher carryforwards indicate significant past losses but also provide a tax shield that can improve future net cash flows.
Detailed definition
The amount of tax losses from previous periods that can be used to offset future taxable income within the segment's jur...
Peer comparison
Standard tax accounting metric found in the deferred tax notes of most capital-intensive corporations.
Metric ID:
ovv_segment_ca_operating_loss_carryforwardsHistorical Data
2 periods
| Q4 '21 | Q4 '22 | |
|---|---|---|
| Value | $807M | $381M |
| QoQ Change | — | -52.8% |
| YoY Change | — | -52.8% |
Range$381M – $807M
Avg YoY Growth-52.8%
Median YoY Growth-52.8%
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Frequently Asked Questions
- What is Ovintiv's ca — operating loss carryforwards?
- Ovintiv (OVV) reported ca — operating loss carryforwards of $381M in Q4 2022.
- What does ca — operating loss carryforwards mean?
- Accumulated past losses that can be used to lower future tax payments.