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Westwater Resources WWR Tax Credit Carryforward Valuation Allowance

Discontinued — last reported Q4 '18

Tax Credit Carryforward Valuation Allowance at other companies

Solidion Technology, Inc. logo
Solidion Technology, Inc.STI
$6.91M+76.0%
American Battery Technology Company logo
American Battery Technology CompanyABAT
$41.72M+29.7%
NioCorp Developments Ltd. logo
NioCorp Developments Ltd.NB
$32.16M+14.1%

Segments

By geography

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US$49.77M
AU$4.64M
TR$3.93M

Other financials

Income statement

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Net income-$4.7M-74.7%
EPS (diluted)-$0.040.0%

Balance sheet

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Cash & equivalents$41.5M+1,171%
Total debt$132.0K-50.6%
Total equity$178.7M+32.5%
Total assets$189.1M+28.3%

Cash flow

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Operating cash flow-$4.0M-75.0%
CapEx$1.6M-47.0%
Free cash flow-$5.6M-6.8%

Valuation

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Market cap$64.2M+32.6%

Returns & leverage

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Return on equity-18.7%-362pp
Debt / equity0.0×
Current ratio4.7×+4.3×

Where this comes from

Reported directly by Westwater Resources in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsValuationAllowance.

The official record: Westwater Resources’s 10-K, filed February 15, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does tax credit carryforward valuation allowance mean?
This is a contra-asset account that reduces the carrying value of tax credit carryforwards when it is more likely than not that some or all of the credits will not be realized. It reflects management's assessment of the company's ability to generate sufficient future taxable income. A high allowance suggests uncertainty regarding the realization of tax benefits.