Discontinued — last reported Q4 '23
Quintana Roo Mexico — Operating Loss Carryforwards Valuation Allowance
Vulcan Materials Company Quintana Roo Mexico — Operating Loss Carryforwards Valuation Allowance increased by 89.0% to $27.40M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 89.0%, from $14.50M to $27.40M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A higher allowance indicates significant uncertainty regarding the ability to utilize tax losses, often due to sustained operating losses or limited future taxable income projections.
Detailed definition
The total valuation allowance established against deferred tax assets derived from operating loss carryforwards in the Q...
Peer comparison
Comparable to valuation allowances reported by peers for specific foreign tax jurisdictions with historical losses.
vmc_segment_quintana_roo_mexico_operating_loss_carryforwards_valuation_allowanceHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q4 '23 | |
|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $9.60M | $14.50M | $27.40M |
| QoQ Change | — | — | — | +51.0% | +89.0% |
| YoY Change | — | — | — | — | +89.0% |
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Frequently Asked Questions
- What is Vulcan Materials Company's quintana roo mexico — operating loss carryforwards valuation allowance?
- Vulcan Materials Company (VMC) reported quintana roo mexico — operating loss carryforwards valuation allowance of $27.40M in Q4 2023.
- How has Vulcan Materials Company's quintana roo mexico — operating loss carryforwards valuation allowance changed year-over-year?
- Vulcan Materials Company's quintana roo mexico — operating loss carryforwards valuation allowance increased by 89.0% year-over-year, from $14.50M to $27.40M.
- What does quintana roo mexico — operating loss carryforwards valuation allowance mean?
- The total reserve set aside for tax losses in Mexico that the company does not expect to be able to use.