Standard Mercantile Acquisition (TSX:SMA) Credit Losses Provision : C$0.00 Mil (As of Jun. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Standard Mercantile Acquisition Credit Losses Provision?

Standard Mercantile Acquisition's credit losses provision for the three months ended in Jun. 2023 was C$0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2023 was C$0.00 Mil.

Standard Mercantile Acquisition's annual credit losses provision increased from Dec. 2020 (C$-2.79 Mil) to Dec. 2021 (C$-0.33 Mil) and increased from Dec. 2021 (C$-0.33 Mil) to Dec. 2022 (C$-0.23 Mil).

Standard Mercantile Acquisition Credit Losses Provision Historical Data

The historical data trend for Standard Mercantile Acquisition'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.

* Premium members only.

Standard Mercantile Acquisition Credit Losses Provision Chart

Standard Mercantile Acquisition Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Credit Losses Provision

Get a 7-Day Free Trial

1.80

-2.79

-0.33

-0.23

Standard Mercantile Acquisition Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

Standard Mercantile Acquisition 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 quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Standard Mercantile Acquisition (TSX:SMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Standard Mercantile Acquisition Corp (TSX:SMA) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9

Website

https://www.standardmercantileacquisition.com

Standard Mercantile Acquisition Corp is focused on monetizing its remaining mortgage assets and is seeking a target acquisition to enable its shareholders to participate in the potential future value of the company's public listing through a merger transaction with a private operating business.

Standard Mercantile Acquisition (TSX:SMA) Headlines

No Headlines