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Clearway Energy's tax expense for the months ended in Dec. 2023 was $-69 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-2 Mil.
The historical data trend for Clearway Energy's Tax Expense can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Clearway Energy Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Tax Expense | Get a 7-Day Free Trial | -8.00 | 8.00 | 12.00 | 222.00 | -2.00 |
Clearway Energy Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Tax Expense | Get a 7-Day Free Trial | -15.00 | -12.00 | 22.00 | 57.00 | -69.00 |
Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.
Tax Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Clearway Energy (NYSE:CWEN) Tax Expense Explanation
In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.
Thank you for viewing the detailed overview of Clearway Energy's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.
Christopher S Sotos | director | CLEARWAY ENERGY, INC., 300 CARNEGIE CENTER, SUITE 300, PRINCETON NJ 08540 |
Global Infrastructure Investors Iii, Llc | 10 percent owner | C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105 |
Se Totalenergies | director, 10 percent owner | 2 PLACE JEAN MILLIER, ARCHE NORD COUPOLE/REGNAULT, PARIS LA DEFENSE CEDEX I0 92078 |
Emmanuel Barrois | director | 300 CARNEGIE CENTER, SUITE 300, PRINCETON NJ 08540 |
Guillaume Hediard | director | 300 CARNEGIE CENTER, SUITE 300, PRINCETON NJ 08540 |
Vincent Stoquart | director | C/O SUNPOWER CORPORATION, 51 RIO ROBLES, SAN JOSE CA 95134 |
Totalenergies Gestion Usa Sarl | 10 percent owner | LA DEFENSE 6 2 PLACE JEAN MILLIER, COURBEVOIE, HAUTS-DE-SEINE I0 92400 |
Totalenergies Holdings Usa, Inc. | 10 percent owner | 1201 LOUISIANA STREET, SUITE 1800, HOUSTON TX 77002 |
Totalenergies Renewables Usa, Llc | 10 percent owner | 1201 LOUISIANA STREET, SUITE 1800, HOUSTON TX 77002 |
Totalenergies Delaware, Inc. | 10 percent owner | 1201 LOUISIANA STREET, SUITE 1800, HOUSTON TX 77002 |
Zephyr Holdings Gp, Llc | director, 10 percent owner | C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105 |
Gip Iii Zephyr Midco Holdings, L.p. | director, 10 percent owner | C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105 |
Michael Taft Murphy | officer: CHIEF INVESTMENT OFFICER | 300 CARNEGIE CENTER, SUITE 300, PRINCETON NJ 08540 |
Jennifer Elaine Lowry | director | 2 HOLLINS AVE, BALTIMORE MD 21210 |
E Stanley Oneal | director | MERRILL LYNCH CORPORATE SECRETARY, 222 BROADWAY, 17TH FLOOR, NEW YORK NY 10038 |
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