Discontinued — last reported Q4 '22
Geographic · Deferred Tax Assets Valuation Allowance
United States And Canada — Deferred Tax Assets Valuation Allowance
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2022Feb 26, 2025
Rolls up toTax Credit Carryforward Valuation Allowance
How to read this metric
An increase in the valuation allowance suggests management has lowered its expectations for future profitability or tax capacity in the region, while a decrease indicates improved outlook or successful utilization of tax assets.
Detailed definition
This metric represents the valuation allowance established against deferred tax assets for the company's North American...
Peer comparison
Peers in the oil and gas sector often report similar allowances based on commodity price cycles and regional tax legislation, with higher allowances typically correlating with periods of sustained low energy prices or asset impairments.
Metric ID:
ovv_segment_united_states_and_canada_deferred_tax_assets_valuation_allowanceHistorical Data
1 periods
| Q4 '22 | |
|---|---|
| Value | $1.03B |
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Frequently Asked Questions
- What is Ovintiv's united states and canada — deferred tax assets valuation allowance?
- Ovintiv (OVV) reported united states and canada — deferred tax assets valuation allowance of $1.03B in Q4 2022.
- What does united states and canada — deferred tax assets valuation allowance mean?
- The portion of tax assets that the company expects it will not be able to use to reduce future tax payments.