Virtu Financial VIRT Net Operating Loss Carryforwards
Discontinued — last reported Q3 '23
Net Operating Loss Carryforwards at other companies
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Where this comes from
Reported directly by Virtu Financial in its filing.
Tagged under the XBRL concept us-gaap:DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal.
The official record: Virtu Financial’s 10-Q, filed November 2, 2023, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Virtu Financial's net operating loss carryforwards?
- Virtu Financial (VIRT) reported net operating loss carryforwards of $400K in Q3 2023.
- How has Virtu Financial's net operating loss carryforwards changed year-over-year?
- Virtu Financial's net operating loss carryforwards decreased by 0.0% year-over-year, from $400K to $400K.
- What is the long-term trend for Virtu Financial's net operating loss carryforwards?
- Over 2 years (2020 to 2022), Virtu Financial's net operating loss carryforwards has grown at a 0.0% compound annual growth rate (CAGR), from $400K to $400K.
- What does net operating loss carryforwards mean?
- These are tax assets representing losses that can be used to reduce taxable income in future periods. They provide a potential future tax shield, improving cash flow by lowering future tax payments. Investors monitor these to estimate the duration and magnitude of potential tax savings.