Perpetual Equity Investment Co (ASX:PIC) Credit Losses Provision : A$0.00 Mil (As of Dec. 2023)

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What is Perpetual Equity Investment Co Credit Losses Provision?

Perpetual Equity Investment Co's credit losses provision for the six months ended in Dec. 2023 was A$0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.00 Mil.

Perpetual Equity Investment Co Credit Losses Provision Historical Data

The historical data trend for Perpetual Equity Investment Co's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Perpetual Equity Investment Co Credit Losses Provision Chart

Perpetual Equity Investment Co Annual Data

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Credit Losses Provision

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Perpetual Equity Investment Co Semi-Annual Data
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Perpetual Equity Investment Co Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Perpetual Equity Investment Co (ASX:PIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Perpetual Equity Investment Co Ltd (ASX:PIC) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

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Address

123 Pitt Street, Level 18, Sydney, NSW, AUS, 2000

Website

https://www.perpetualequity.com.au

Perpetual Equity Investment Co Ltd is an investment management company. It engages in the provision of investors access to a portfolio of predominantly Australian and global listed securities. The company's investment objective is to provide investors with a growing income stream and long-term capital growth in excess of its Benchmark over a minimum of 5 year investment periods. The company has one operating segment with only one key function, being the investment of funds predominantly in Australia together with opportunistic investments globally.