Diverseome Trust (The) (LSE:DIVI) Credit Losses Provision : £0.00 Mil (As of May. 2023)

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What is Diverseome Trust (The) Credit Losses Provision?

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

Diverseome Trust (The) Credit Losses Provision Historical Data

The historical data trend for Diverseome Trust (The)'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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Diverseome Trust (The) Credit Losses Provision Chart

Diverseome Trust (The) Annual Data

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Credit Losses Provision

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Diverseome Trust (The) Semi-Annual Data
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Diverseome Trust (The) 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 May. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Diverseome Trust (The) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Diverse Income Trust (The) PLC (LSE:DIVI) » Definitions » Credit Losses Provision

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DIVIl:UK

Address

Southernhay West, Broadwalk House, Exeter, Devon, GBR, EX1 1TS

Website

https://www.diverseincometrust.com

Diverse Income Trust (The) PLC is a UK-based closed-end investment fund. The company mainly invests in quoted or traded UK companies with a wide range of market capitalizations but a long-term bias toward small and mid-cap equities. It adopts a stock-specific approach in managing the company's portfolio and therefore sector weightings are of secondary consideration. The company also utilizes derivative instruments including index-linked notes, contracts for differences, covered options, and other equity-related derivative instruments for efficient portfolio management, gearing, and investment purposes. Its main objective is to pay shareholders a good and growing dividend income.