Cypher Metaverse (XCNQ:CODE) Credit Losses Provision : C$0.00 Mil (As of Dec. 2023)

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What is Cypher Metaverse Credit Losses Provision?

Cypher Metaverse's credit losses provision for the three months ended in Dec. 2023 was C$0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.00 Mil.

Cypher Metaverse's annual credit losses provision declined from Dec. 2021 (C$0.04 Mil) to Dec. 2022 (C$0.00 Mil) but then stayed the same from Dec. 2022 (C$0.00 Mil) to Dec. 2023 (C$0.00 Mil).

Cypher Metaverse Credit Losses Provision Historical Data

The historical data trend for Cypher Metaverse'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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Cypher Metaverse Credit Losses Provision Chart

Cypher Metaverse Annual Data

Trend

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Dec23

Credit Losses Provision

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0.04

Cypher Metaverse Quarterly Data
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Cypher Metaverse 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$0.00 Mil.

Cypher Metaverse (XCNQ:CODE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cypher Metaverse Inc (XCNQ:CODE) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

1780-355 Burrard Street, Vancouver, BC, CAN, V6C 2C8

Website

https://www.cypher-meta.com

Cypher Metaverse Inc is a diversified investment company that holds cryptocurrencies and Non-Fungible Tokens. The Company is also involved in the business of utilizing specialized equipment to solve complex computational problems to validate transactions on the bitcoin blockchain. The Company receives bitcoin in return for successful service.

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