Uniteds (TSX:UNC) Credit Losses Provision : C$0.0 Mil (As of Dec. 2023)

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What is Uniteds Credit Losses Provision?

Uniteds's credit losses provision for the three months ended in Dec. 2023 was C$0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.0 Mil.

Uniteds Credit Losses Provision Historical Data

The historical data trend for Uniteds'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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Uniteds Credit Losses Provision Chart

Uniteds Annual Data

Trend

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Credit Losses Provision

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

Uniteds 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.0 Mil.

Uniteds (TSX:UNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » United Corporations Ltd (TSX:UNC) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

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Address

165 University Avenue, 10th Floor, Toronto, ON, CAN, M5H 3B8

Website

https://www.ucorp.ca

United Corporations Ltd is a closed-end investment company. Its investment objective is to earn an above average rate of return through long-term capital appreciation and dividend income. The investment portfolio of the company comprises mainly foreign equities. It seeks long-term growth through investments in common equities cause management believes that in the long-term common equities will outperform fixed income instruments or balanced funds. The company invests primarily in United States, Europe, Asia, Canada, Australia, and Mexico.

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