Prospect Capital (STU:RK8) Credit Losses Provision : €0.0 Mil (As of Mar. 2024)

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What is Prospect Capital Credit Losses Provision?

Prospect Capital's credit losses provision for the three months ended in Mar. 2024 was €0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was €0.0 Mil.

Prospect Capital Credit Losses Provision Historical Data

The historical data trend for Prospect Capital'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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Prospect Capital Credit Losses Provision Chart

Prospect Capital Annual Data

Trend

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Credit Losses Provision

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Prospect Capital Quarterly Data
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Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

Prospect Capital 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

Prospect Capital (STU:RK8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Prospect Capital Corp (STU:RK8) » Definitions » Credit Losses Provision

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PSECpA.PFD:USA PSEC:USA

Address

10 East 40th Street, 42nd Floor, New York, NY, USA, 10016

Website

https://www.prospectstreet.com

Prospect Capital Corp is a closed-end investment company based in the United States. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated debt and equity of private companies for acquisitions, divestitures, growth, development, recapitalizations, and other purposes. It makes investments, including lending in private equity, sponsored transactions, directly to companies, investments in structured credit, real estate, and syndicated debt.

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