What does provision for credit losses mean?

Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

PayPal Holdings, Inc. PYPL Provision for Credit Losses

Discontinued — last reported Q4 '18

Provision for Credit Losses at other companies

Bread Financial HoldingsBFH

$303M+2.4%

BlockXYZ

$500.13M+195%

SezzleSEZL

$13.68M+6.8%

Affirm Holdings, Inc.AFRM

$196.54M+33.5%

Dave, Inc.DAVE

$26.59M+151%

Synchrony FinancialSYF

$1.34B-10.5%

Segments

By segment

See full

Reportable Segment$102M+9.7%

Other financials

Income statement

See full

Revenue$8.4B+7.2%

Operating income$1.5B-2.7%

Net income$1.1B-13.5%

EPS (diluted)$1.21-6.2%

Balance sheet

See full

Cash & equivalents$22.4B+245%

Total debt$10.1B-17.2%

Total equity$20.0B-1.1%

Total assets$80.5B-0.9%

Cash flow

See full

Operating cash flow$1.1B-2.2%

CapEx$231.0M+17.9%

Free cash flow$903.0M-6.3%

Valuation

See full

Market cap$39.07B-45.4%

Enterprise value$26.7B-58.7%

P/E7.7×-7.6×

P/S1.2×-1.1×

Profitability

See full

Operating margin17.9%0.0pp

Net margin15%+0.7pp

FCF margin16.3%-2.4pp

Returns & leverage

See full

Return on equity25.1%+2.9pp

Debt / equity0.5×-0.1×

Current ratio1.3×0.0×

Where this comes from

Reported directly by PayPal Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The official record: PayPal Holdings, Inc.’s 10-K, filed February 7, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does provision for credit losses mean?: Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.