Discontinued — last reported Q4 '24
Geographic · Operating Loss Carryforwards Indefinite Expiration Period
US — Operating Loss Carryforwards Indefinite Expiration Period
Ovintiv US — Operating Loss Carryforwards Indefinite Expiration Period remained flat by 0.0% to $1.19B in Q4 2024 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ4 2019
Last reportedQ4 2024Feb 26, 2025
How to read this metric
An increase suggests potential future tax savings, while a decrease indicates utilization of these losses against taxable income.
Detailed definition
This represents the portion of net operating losses that can be carried forward indefinitely to offset future taxable in...
Peer comparison
Common in capital-intensive industries with cyclical profitability; peers often report this in tax footnotes.
Metric ID:
ovv_segment_us_operating_loss_carryforwards_indefinite_expiration_periodHistorical Data
4 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $1.34B | $1.21B | $1.19B | $1.19B |
| QoQ Change | — | -9.6% | -2.0% | +0.0% |
| YoY Change | — | -9.6% | -2.0% | +0.0% |
Range$1.19B – $1.34B
Avg YoY Growth-3.8%
Median YoY Growth-2.0%
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Frequently Asked Questions
- What is Ovintiv's us — operating loss carryforwards indefinite expiration period?
- Ovintiv (OVV) reported us — operating loss carryforwards indefinite expiration period of $1.19B in Q4 2024.
- What does us — operating loss carryforwards indefinite expiration period mean?
- The amount of past losses that can be used to lower future tax bills without an expiration date.