GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Diversified Royalty Corp (TSX:DIV) » Definitions » Allowance For Loans And Lease Losses

Diversified Royalty (TSX:DIV) Allowance For Loans And Lease Losses


View and export this data going back to 1999. Start your Free Trial

What is Diversified Royalty Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Diversified Royalty (TSX:DIV) Business Description

Industry
Traded in Other Exchanges
Address
609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment strategy, the firm always purchases trademarks of the companies it is going to acquire. The company gives its partners the benefit of full operational control of their business, participation in the growth of their company, and tax deductibility on royal payments. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.