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Prophecy DeFi (XCNQ:PDFI) Credit Losses Provision : C$0.00 Mil (As of Dec. 2023)


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What is Prophecy DeFi Credit Losses Provision?

Prophecy DeFi's credit losses provision for the three months ended in Dec. 2023 was C$0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.00 Mil.

Prophecy DeFi's annual credit losses provision increased from Dec. 2021 (C$0.00 Mil) to Dec. 2022 (C$0.12 Mil) and increased from Dec. 2022 (C$0.12 Mil) to Dec. 2023 (C$0.13 Mil).


Prophecy DeFi Credit Losses Provision Historical Data

The historical data trend for Prophecy DeFi'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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Prophecy DeFi Credit Losses Provision Chart

Prophecy DeFi Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.06 - 0.12 0.13

Prophecy DeFi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Prophecy DeFi 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 quarterly data reported by the company within the most recent 12 months, which was C$0.00 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.


Prophecy DeFi (XCNQ:PDFI) Business Description

Traded in Other Exchanges
Address
87 Scollard Street, Suite 100, Toronto, ON, CAN, M5R 1G4
Prophecy DeFi Inc aims to bring together technology start-ups in the Blockchain and DeFi sectors to fund innovation, elevate industry research, and create new business opportunities in a coherent ecosystem. The Company derives its income from digital currencies received for providing liquidity to decentralized cryptocurrency exchanges. Liquidity provisioning is Layer2 Blockchain's principal business activity and is the process where liquidity, in the form of digital assets, is deployed into the liquidity pools of decentralized exchanges.
Executives
John Andrew Mcmahon Director, Senior Officer

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