Cass Information Systems (STU:CC3) Net Charge Offs to Average Loans % : 0.00% (As of . 20)

View and export this data going back to 2020. Start your Free Trial

What is Cass Information Systems Net Charge Offs to Average Loans %?

Net Charge Offs to Average Loans % is the net charge-offs divided by the average total loans during a specific period. This ratio measures the proportion of debt owed to a company that is unlikely to be recovered. A higher ratio means there’s more bad debt that is unlikely to be collected, which leads investors to believe it has a very risky portfolio.

The historical rank and industry rank for Cass Information Systems's Net Charge Offs to Average Loans % or its related term are showing as below:

STU:CC3's Net Charge Offs to Average Loans % is not ranked ^*
in the Business Services industry.
Industry Median:
* Ranked among companies with meaningful Net Charge Offs to Average Loans % only.

Cass Information Systems Net Charge Offs to Average Loans % Historical Data

The historical data trend for Cass Information Systems's Net Charge Offs to Average Loans % 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.

* Premium members only.

Cass Information Systems Net Charge Offs to Average Loans % Chart

Cass Information Systems (STU:CC3) Net Charge Offs to Average Loans % Calculation

Net Charge Offs to Average Loans % is calculated as

Net Charge Offs to Average Loans %

Net Charge-offs

Average Total Loans

Cass Information Systems (STU:CC3) Net Charge Offs to Average Loans % Explanation

A Net Charge-off (NCO) is the dollar amount representing the difference between gross charge-offs and any subsequent recoveries of delinquent debt. The bad debt often needs to be written off and classified as gross charge-off. If any money is recovered from that debt, the recovered amount needs to be subtracted from gross charge-off, which is how we get the net charge-off.

Net Charge Offs to Average Loans % represents the amount of debt that a company believes it will never collect and is an indicator of a financial institution's loan portfolio performance. A higher ratio, especially when compared to the previous period or to other banks, would suggest that there’s more bad debt that is unlikely to be collected and the loan portfolio may be too risky.

Cass Information Systems Net Charge Offs to Average Loans % Related Terms

Thank you for viewing the detailed overview of Cass Information Systems's Net Charge Offs to Average Loans % provided by GuruFocus.com. Please click on the following links to see related term pages.

Cass Information Systems (STU:CC3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Cass Information Systems Inc (STU:CC3) » Definitions » Net Charge Offs to Average Loans %

Comparable Companies

Traded in Other Exchanges

CASS:USA

Address

12444 Powerscourt Drive, Suite 550, St. Louis, MO, USA, 63131

Website

https://www.cassinfo.com

Cass Information Systems Inc is a provider of payment and information processing services to large manufacturing, distribution and retail enterprises across the United States. The company provides transportation invoice rating, payment processing, auditing, accounting, and transportation information. It is also a processor and payer of energy invoices, including electricity, gas, waste, and other facility-related expenses. It operates in two segments: Information Services and Banking Services. The firm generates maximum revenue from the Information Services segment.

Cass Information Systems (STU:CC3) Headlines

No Headlines