Standard Mercantile Acquisition (TSX:SMA) Net Loan : C$2.16 Mil (As of Jun. 2023)

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What is Standard Mercantile Acquisition Net Loan?

Standard Mercantile Acquisition's quarterly net loan declined from Dec. 2022 (C$7.83 Mil) to Mar. 2023 (C$7.81 Mil) and declined from Mar. 2023 (C$7.81 Mil) to Jun. 2023 (C$2.16 Mil).

Standard Mercantile Acquisition's annual net loan declined from Dec. 2020 (C$12.68 Mil) to Dec. 2021 (C$7.81 Mil) and declined from Dec. 2021 (C$7.81 Mil) to Dec. 2022 (C$2.16 Mil).

Standard Mercantile Acquisition Net Loan Historical Data

The historical data trend for Standard Mercantile Acquisition's Net Loan 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 Net Loan Chart

Standard Mercantile Acquisition Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Net Loan

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13.70

12.79

12.68

9.90

7.83

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
Net Loan	Get a 7-Day Free Trial															10.22	10.31	7.83	7.81	2.16

Standard Mercantile Acquisition Net Loan Calculation

Total loans on banks' book. These are the fund that banks have lent out. The loans contribute to banks' income. Some borrower of the loans may stop paying their payment. In this case, the loan is called non-performing loans.

Loans can be divided into residential loans, commercial loans or consumer loans. Peter Lynch loved

Standard Mercantile Acquisition (TSX:SMA) Business Description

Industry

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

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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