Other
Deferral - addition
WEC Energy Group Deferral - addition remained flat by 0.0% to $8.95M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 59.5%, from $22.08M to $8.95M. Over 3 years (FY 2021 to FY 2024), Deferral - addition shows an upward trend with a -7.2% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2024Feb 21, 2025
How to read this metric
An increase indicates a strategic decision to strengthen the balance sheet against specific non-operational risks or future liabilities.
Detailed definition
This captures additions to valuation allowances or reserves that are recorded outside of standard operating cost lines,...
Peer comparison
Used by companies to manage long-term balance sheet health; comparable to 'Other Comprehensive Income' adjustments at peer firms.
Metric ID:
other_valuation_allowances_and_reserves_charged_to_other_981e59Historical Data
4 years
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | -$44.80M | $62.90M | $88.30M | $35.80M |
| YoY Change | — | +240.4% | +40.4% | -59.5% |
Range-$44.80M – $88.30M
CAGR-7.2%
Avg YoY Growth+73.8%
Median YoY Growth+40.4%
Deferral - addition at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's deferral - addition?
- WEC Energy Group (WEC) reported deferral - addition of $8.95M in Q4 2024.
- How has WEC Energy Group's deferral - addition changed year-over-year?
- WEC Energy Group's deferral - addition decreased by 59.5% year-over-year, from $22.08M to $8.95M.
- What is the long-term trend for WEC Energy Group's deferral - addition?
- Over 3 years (2021 to 2024), WEC Energy Group's deferral - addition has grown at a -7.2% compound annual growth rate (CAGR), from -$44.80M to $35.80M.
- What does deferral - addition mean?
- Additions to reserves that are recorded outside of standard operating expense categories.