Morses Club (Morses Club) Credit Losses Provision : $0.0 Mil (As of Aug. 2022)

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What is Morses Club Credit Losses Provision?

Morses Club's credit losses provision for the six months ended in Aug. 2022 was $0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Aug. 2022 was $0.0 Mil.

Morses Club Credit Losses Provision Historical Data

The historical data trend for Morses Club'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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Morses Club Credit Losses Provision Chart

Morses Club Annual Data

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Credit Losses Provision

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Morses Club Semi-Annual Data
	Feb14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22
Credit Losses Provision	Get a 7-Day Free Trial												-	-	-	-	-

Morses Club 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 Aug. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

Morses Club (Morses Club) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Morses Club PLC (OTCPK:MCLBF) » Definitions » Credit Losses Provision

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Address

1 Colliers Way, Building 1, The Phoenix Centre, Nottingham, GBR, NG8 6AT

Website

https://www.morsesclubplc.com

Morses Club PLC is a consumer finance company. It provides a range of loan products through a combination of traditional and online marketing channels. The group's segments comprise Home Collected Credit and Digital. The company offers small cash loans between and operates through a network of branches throughout the UK.

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