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Ratos AB (LTS:0GWP) Allowance For Loans And Lease Losses


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What is Ratos AB Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Ratos AB (LTS:0GWP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ratos AB (LTS:0GWP) » Definitions » Allowance For Loans And Lease Losses
Address
Sturegatan 10, Box 511, Stockholm, SWE, SE-114 11
Ratos AB is an investment company that owns and develops unlisted medium- and small-sized Nordic companies. Its portfolio has a concentration in construction, consumer goods/commerce and industrials. Traditionally, Ratos is the largest owner of its companies, and it seeks to influence the company's development. The company sets thresholds for minimum investment amounts and chooses not to invest in the early phases of a company's life cycle. Potential portfolio companies are traditionally headquartered in the Nordic region, but Ratos removes qualifications for portfolio company add-on acquisitions. Potential acquisitions are selected through either internal processes or with the help of investment banks and other advisors.