European Assets Trust (LSE:EAT) Credit Losses Provision : £0.00 Mil (As of Dec. 2023)

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What is European Assets Trust Credit Losses Provision?

European Assets Trust's credit losses provision for the six months ended in Dec. 2023 was £0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was £0.00 Mil.

European Assets Trust Credit Losses Provision Historical Data

The historical data trend for European Assets Trust's Credit Losses Provision 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.

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European Assets Trust Credit Losses Provision Chart

European Assets Trust Annual Data

Trend

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Credit Losses Provision

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European Assets Trust Semi-Annual Data
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Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

European Assets Trust Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

European Assets Trust (LSE:EAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » European Assets Trust PLC (LSE:EAT) » Definitions » Credit Losses Provision

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EATl:UK

Address

Primrose Street, Exchange House, London, GBR, EC2A 2NY

Website

https://www.columbiathreadneedle.co.uk

European Assets Trust PLC is a UK-based closed-end investment company. The company principal objective is to achieve long-term growth of capital through investment in quoted small and medium sized companies in Europe, excluding the United Kingdom. A high distribution policy has been adopted with dividends paid out of current year revenue profits and the Distributable Reserve. It maintains a diversified portfolio of investments across all sectors including financials, industrials, consumer goods, consumer services, healthcare, technology, and basic materials.