American Resources (AREC) Loans - Loss Allowance (2020 - 2023)
American Resources (AREC) posted quarterly Loans - Loss Allowance of $1.9 million for Q2 2023, up 8.23% quarter-over-quarter from $1.7 million in Q4 2022.
American Resources (AREC) Loans - Loss Allowance (2020 - 2023) Analysis & Trends
American Resources' Loans - Loss Allowance history runs 4 years deep, the most recent figure standing at $1.9 million for Q2 2023.
- In Q2 2023, Loans - Loss Allowance changed N/A year-over-year to $1.9 million; the TTM figure through Jun 2023 stood at $1.9 million (changed N/A YoY), while the FY2022 annual figure was $1.7 million, changed 0.0% from the prior year.
- Loans - Loss Allowance for Q2 2023 stood at $1.9 million, 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.
- The 4-year median for Loans - Loss Allowance is $1.7 million (2021), against an average of $1.7 million.
- The sharpest annual moves came in 2021 and 2022: Loans - Loss Allowance grew 16.73% in 2021, then changed 0.0% in 2022.
- American Resources' Loans - Loss Allowance stood at $1.5 million in 2020, then climbed by 16.73% to $1.7 million in 2021, then changed by 0.0% to $1.7 million in 2022, then increased by 8.23% to $1.9 million in 2023.
- Business Quant data shows AREC's Loans - Loss Allowance at $1.9 million in Q2 2023, $1.7 million in Q4 2022, and $1.7 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Warrior Met Coal | 5.46 Bn | 5.14 Bn | 169.64 Mn | - |
| 2 | Alpha Metallurgical Resources | 2.45 Bn | 2.11 Bn | 49.19 Mn | - |
| 3 | SunCoke Energy | 803.01 Mn | 760.31 Mn | 100.40 Mn | - |
| 4 | Ramaco Resources | 595.69 Mn | 312.33 Mn | 16.62 Mn | - |
| 5 | American Resources | 198.53 Mn | 198.53 Mn | -301,480.00 | - |
| 6 | Coronado Global Resources | 30.18 Mn | -67.52 Mn | 156.53 Mn | - |
Historic Data
Download 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 |