Question 1

What is Tidewater's effective income tax rate reconciliation deferred tax true up amount?

Accepted Answer

Tidewater (TDW) reported effective income tax rate reconciliation deferred tax true up amount of $457.75K in Q4 2024.

Question 2

How has Tidewater's effective income tax rate reconciliation deferred tax true up amount changed year-over-year?

Accepted Answer

Tidewater's effective income tax rate reconciliation deferred tax true up amount increased by 569.5% year-over-year, from -$97.5K to $457.75K.

Question 3

What does effective income tax rate reconciliation deferred tax true up amount mean?

Accepted Answer

This metric represents the impact of adjustments made to deferred tax assets and liabilities on the effective tax rate reconciliation. It reflects changes in valuation allowances or tax rate shifts that require a true-up of previously recorded deferred tax balances. Investors use this to understand the volatility in tax expense caused by accounting estimates and changes in tax law.

(In Thousands)	Year Ended December 31, 2024	Year Ended December 31, 2023
Nondeductible transaction costs	(710)	(898)
Valuation allowance - deferred tax assets (A)	(28,040)	(83)
Valuation allowance - deferred tax true-up	(1,831)	390
Deferred tax true-up	1,831	(390)
Foreign taxes	52,842	36,339
Net GILTI Inclusion	22,249	2,705
Return to accrual	4,500	(8,079)
Restructuring	—	13,896

Effective Income Tax Rate Reconciliation Deferred Tax True Up Amount at other companies

Other financials

Income statement

Balance sheet

Cash flow

Valuation

Profitability

Returns & leverage

Where this comes from

FAQ

Ask your AI about Tidewater's effective income tax rate reconciliation deferred tax true up amount.

Tidewater TDW Effective Income Tax Rate Reconciliation Deferred Tax True Up Amount