American Resources (AREC) Loans - Loss Allowance (2020 - 2023)
American Resources (AREC) posted Loans - Loss Allowance of $1.9 million for Q2 2023, up 8.23% on a QoQ basis from $1.7 million in Q4 2022.
Analysis
American Resources (AREC) Loans - Loss Allowance (2020 - 2023) Analysis & Trends
American Resources has reported Loans - Loss Allowance for 4 years, with the latest figure at $1.9 million in Q2 2023.
- On a quarterly basis, Loans - Loss Allowance changed N/A year-over-year to $1.9 million in Q2 2023; TTM through Jun 2023 was $1.9 million, a N/A change from a year earlier, with the FY2022 full-year figure at $1.7 million, changed 0.0% from the prior year.
- Loans - Loss Allowance was $1.9 million for Q2 2023 at American Resources, up from $1.7 million in the prior quarter.
- The five-year high for Loans - Loss Allowance was $1.9 million in Q2 2023, with the low at $1.5 million in Q4 2020.
- Average Loans - Loss Allowance over 4 years is $1.7 million, with a median of $1.7 million recorded in 2021.
- The sharpest annual moves came in 2021 and 2022: Loans - Loss Allowance rose 16.73% in 2021, then changed 0.0% in 2022.
- Over 4 years, Loans - Loss Allowance stood at $1.5 million in 2020, then increased by 16.73% to $1.7 million in 2021, then changed by 0.0% to $1.7 million in 2022, then gained by 8.23% to $1.9 million in 2023.
- The last three Loans - Loss Allowance figures came in at $1.9 million (Q2 2023), $1.7 million (Q4 2022), and $1.7 million (Q4 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Warrior Met Coal | 5.37 Bn | 5.05 Bn | 169.64 Mn | - |
| 2 | Core Natural Resources | 4.98 Bn | 4.50 Bn | 252.03 Mn | - |
| 3 | Peabody Energy | 3.56 Bn | 3.04 Bn | - | - |
| 4 | Alliance Resource Partners | 3.46 Bn | 3.35 Bn | 210.21 Mn | - |
| 5 | Alpha Metallurgical Resources | 2.77 Bn | 2.43 Bn | 49.19 Mn | - |
| 6 | Ramaco Resources | 741.47 Mn | 458.11 Mn | 16.62 Mn | - |
| 7 | Nacco Industries | 299.72 Mn | 254.20 Mn | 15.20 Mn | - |
| 8 | American Resources | 169.12 Mn | 169.12 Mn | -301,480.00 | - |
| 9 | Coronado Global Resources | 23.47 Mn | -74.23 Mn | 156.53 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 1.89 Mn |
| Dec 31, 2022 | 1.74 Mn |
| Dec 31, 2021 | 1.74 Mn |
| Dec 31, 2020 | 1.49 Mn |