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Fair Oaksome (LSE:FAIR) Credit Losses Provision : $0.00 Mil (As of Dec. 2023)


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What is Fair Oaksome Credit Losses Provision?

Fair Oaksome's credit losses provision for the six months ended in Dec. 2023 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00 Mil.


Fair Oaksome Credit Losses Provision Historical Data

The historical data trend for Fair Oaksome'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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Fair Oaksome Credit Losses Provision Chart

Fair Oaksome Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
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Fair Oaksome Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Fair Oaksome 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 semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.


Fair Oaksome (LSE:FAIR) Business Description

Traded in Other Exchanges
Address
1 Royal Plaza, Royal Avenue, St Peter Port, GGY, GY1 2HL
Fair Oaks Income Ltd is a closed-ended fund. The investment objective of the company is to generate attractive, risk-adjusted returns, principally through income distributions. The company invests (either directly and/or indirectly through the Master Fund and/ or Master Fund II) in U.S and European Collateralised Loan Obligations (CLOs) or other vehicles and structures which provide exposure to portfolios consisting of the U.S and European floating-rate senior secured loans and which may include non-recourse financing. If the Company holds any uninvested cash, It may also invest temporarily in the Short Term Investments.

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