Change in Tax Valuation Allowance
SBA Communications Change in Tax Valuation Allowance remained flat by 0.0% to $993.50K in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 107.0%, from -$14.27M to $993.50K. Over 3 years (FY 2021 to FY 2024), Change in Tax Valuation Allowance shows relatively stable performance with a 2.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A decrease in the allowance suggests improved confidence in future profitability and tax asset utilization.
Detailed definition
Measures the net change in the valuation allowance established against deferred tax assets. A valuation allowance is rec...
Peer comparison
Standard disclosure for companies with significant deferred tax assets and fluctuating earnings outlooks.
tmo_tax_valuation_allowance_changeHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $3.72M | $7.93M | -$57.09M | $3.97M |
| YoY Change | — | +113.5% | -819.6% | +107.0% |
Change in Tax Valuation Allowance at Other Companies
Frequently Asked Questions
- What is SBA Communications's change in tax valuation allowance?
- SBA Communications (SBAC) reported change in tax valuation allowance of $993.50K in Q4 2024.
- How has SBA Communications's change in tax valuation allowance changed year-over-year?
- SBA Communications's change in tax valuation allowance increased by 107.0% year-over-year, from -$14.27M to $993.50K.
- What is the long-term trend for SBA Communications's change in tax valuation allowance?
- Over 3 years (2021 to 2024), SBA Communications's change in tax valuation allowance has grown at a 2.3% compound annual growth rate (CAGR), from $3.72M to $3.97M.
- What does change in tax valuation allowance mean?
- The net adjustment to the reserve for deferred tax assets that may not be realized.