Standard Mercantile Acquisition (TSX:SMA) Allowance For Loans And Lease Losses : C$-0.11 Mil (As of Jun. 2023)

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What is Standard Mercantile Acquisition Allowance For Loans And Lease Losses?

Standard Mercantile Acquisition's Allowance For Loans And Lease Losses for the quarter that ended in Jun. 2023 was C$-0.11 Mil.

Standard Mercantile Acquisition's quarterly Allowance For Loans And Lease Losses stayed the same from Dec. 2022 (C$-0.11 Mil) to Mar. 2023 (C$-0.11 Mil) and stayed the same from Mar. 2023 (C$-0.11 Mil) to Jun. 2023 (C$-0.11 Mil).

Standard Mercantile Acquisition's annual Allowance For Loans And Lease Losses increased from Dec. 2020 (C$-0.67 Mil) to Dec. 2021 (C$-0.34 Mil) and increased from Dec. 2021 (C$-0.34 Mil) to Dec. 2022 (C$-0.11 Mil).

Standard Mercantile Acquisition Allowance For Loans And Lease Losses Historical Data

The historical data trend for Standard Mercantile Acquisition's Allowance For Loans And Lease Losses 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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Standard Mercantile Acquisition Allowance For Loans And Lease Losses Chart

Standard Mercantile Acquisition Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Allowance For Loans And Lease Losses

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-3.45

-0.67

-0.34

-0.11

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
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-0.34	-0.34	-0.11	-0.11	-0.11

Standard Mercantile Acquisition Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Standard Mercantile Acquisition Allowance For Loans And Lease Losses Related Terms

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Standard Mercantile Acquisition (TSX:SMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Standard Mercantile Acquisition Corp (TSX:SMA) » Definitions » Allowance For Loans And Lease Losses

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

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