Discontinued — last reported Q4 '21

Other

Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance

VeriSign Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance remained flat by 0.0% to -$1.63M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 109.8%, from $16.53M to -$1.63M. Over 3 years (FY 2021 to FY 2024), Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance shows a downward trend with a 302.1% CAGR.

Analysis

StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2021

How to read this metric

A reduction in the valuation allowance increases net income, while an increase reduces it.

Detailed definition

Tracks the impact of adjustments to the valuation allowance for deferred tax assets on the effective tax rate. A valuati...

Peer comparison

Commonly used by companies with significant carryforward tax attributes.

Metric ID: other_income_tax_reconciliation_change_in_deferred_tax_a_acfd4f

Historical Data

4 years
 FY'21FY'22FY'23FY'24
Value$100.00K$100.00K$66.10M-$6.50M
YoY Change—+0.0%>999%-109.8%
Range-$6.50M – $66.10M
CAGR+302.1%
Avg YoY Growth>999%
Median YoY Growth+0.0%

Frequently Asked Questions

What is VeriSign's income tax reconciliation change in deferred tax assets valuation allowance?
VeriSign (VRSN) reported income tax reconciliation change in deferred tax assets valuation allowance of -$1.63M in Q4 2024.
How has VeriSign's income tax reconciliation change in deferred tax assets valuation allowance changed year-over-year?
VeriSign's income tax reconciliation change in deferred tax assets valuation allowance decreased by 109.8% year-over-year, from $16.53M to -$1.63M.
What is the long-term trend for VeriSign's income tax reconciliation change in deferred tax assets valuation allowance?
Over 3 years (2021 to 2024), VeriSign's income tax reconciliation change in deferred tax assets valuation allowance has grown at a 302.1% compound annual growth rate (CAGR), from $100.00K to -$6.50M.
What does income tax reconciliation change in deferred tax assets valuation allowance mean?
The tax impact of changes in the estimated realizability of deferred tax assets.