What is SUIG's allowance for credit losses?

SUIG (SUIG) reported allowance for credit losses of $1.15M in Q1 2026.

What does allowance for credit losses mean?

An accounting estimate representing the amount set aside to cover potential defaults or non-payment of loans and other receivables. This metric is a critical indicator of credit risk management and the perceived quality of the company's loan book. Higher provisions suggest management anticipates increased borrower defaults or deteriorating credit conditions.

SUIG SUIG Allowance for credit losses

Allowance for credit losses at other companies

Syndax PharmaceuticalsSNDX

$916.75K—

HitachiHIT

$94.4K—

GogoGOGO

$1.86M+96.3%

Unusual MachinesUMAC

$4.53K—

CBAK Energy Technology, Inc.CBAT

$48.82K+184%

Blink Charging Co.BLNK

$217K+352%

Other financials

Income statement

See full

Revenue$593.9K-23.7%

Operating income-$60.5M-10,890%

Net income-$70.9M-15,805%

EPS (diluted)-$0.88-1,357%

Balance sheet

See full

Cash & equivalents$5.0M+186%

Total debt$3.7K-66.3%

Total equity$100.8M+415%

Total assets$118.7M+498%

Cash flow

See full

Operating cash flow-$1.8M+50.6%

Valuation

See full

Market cap$93.84M-82.6%

P/S25.3×—

Profitability

See full

Operating margin-8,777.7%—

Net margin-9,073.3%—

Returns & leverage

See full

Return on equity-560%—

Debt / equity0×0.0×

Current ratio0.8×—

Where this comes from

Reported directly by SUIG in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForOtherCreditLosses.

The official record: SUIG’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SUIG's allowance for credit losses?: SUIG (SUIG) reported allowance for credit losses of $1.15M in Q1 2026.
What does allowance for credit losses mean?: An accounting estimate representing the amount set aside to cover potential defaults or non-payment of loans and other receivables. This metric is a critical indicator of credit risk management and the perceived quality of the company's loan book. Higher provisions suggest management anticipates increased borrower defaults or deteriorating credit conditions.