Onward Opportunities (LSE:ONWD) Credit Losses Provision : £0.00 Mil (As of Jun. 2023)

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What is Onward Opportunities Credit Losses Provision?

Onward Opportunities's credit losses provision for the six months ended in Jun. 2023 was £0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2023 was £0.00 Mil.

Onward Opportunities Credit Losses Provision Historical Data

The historical data trend for Onward Opportunities'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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Onward Opportunities Credit Losses Provision Chart

Onward Opportunities Annual Data

Trend

Dec23

Credit Losses Provision

Onward Opportunities Semi-Annual Data
	Jun23
Credit Losses Provision	-

Onward Opportunities 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 £0.00 Mil.

Onward Opportunities (LSE:ONWD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Onward Opportunities Ltd (LSE:ONWD) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

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Address

Royal Avenue, 1 Royal Plaza, Saint Peter Port, GGY, GY1 2HL

Website

https://www.onwardopportunities.co.uk

Onward Opportunities Ltd operates as a non-cellular (closed-ended) company limited by shares. The company's investment objective is to seek to generate risk-adjusted absolute returns for Shareholders through investments in UK smaller companies. Returns are expected to be principally derived from capital growth over a target three to five-year holding period with an appropriate diversification of investment risk.

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