Kingswood Holding (LSE:KWG) Credit Losses Provision : £0.0 Mil (As of Jun. 2023)

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What is Kingswood Holding Credit Losses Provision?

Kingswood Holding's credit losses provision for the six months ended in Jun. 2023 was £0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2023 was £0.0 Mil.

Kingswood Holding Credit Losses Provision Historical Data

The historical data trend for Kingswood Holding'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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Kingswood Holding Credit Losses Provision Chart

Kingswood Holding Annual Data

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Credit Losses Provision

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Kingswood Holding Semi-Annual Data
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Kingswood Holding 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.0 Mil.

Kingswood Holding (LSE:KWG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kingswood Holding Ltd (LSE:KWG) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

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Address

10-11 Austin Friars, London, GBR, EC2N 2HG

Website

https://www.kingswood-group.com

Kingswood Holding Ltd is a United Kingdom-based wealth management firm. The firm serves private individuals, charities, trustees, institutions, and professional intermediaries through its wealth planning and advice, and also manages investment portfolios. It operates through three business segments; Investment Management; Wealth Planning and US. The company generates the majority of its revenue from US operations.

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