Discontinued — last reported Q2 '23
Business Segments · Provision
Snap-on Tools Group — Provision
This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ2 2023Jul 20, 2023
Rolls up toRestructuring Charges
How to read this metric
A rising provision may signal deteriorating credit quality or increased warranty risks, while a stable provision suggests predictable operational risks.
Detailed definition
An expense recognized in the income statement to account for anticipated liabilities or losses within the Tools Group, s...
Peer comparison
Standard accounting practice for estimating liabilities across all sectors.
Metric ID:
sna_segment_snap_on_tools_group_provisionHistorical Data
10 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Range$0.00 – $0.00
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Snap-on's snap-on tools group — provision?
- Snap-on (SNA) reported snap-on tools group — provision of $0.00 in Q2 2023.
- What does snap-on tools group — provision mean?
- An estimated expense set aside for potential future costs or losses in the tools segment.