Grenke AG (Grenke AG) PensionAndRetirementBenefit : $4.9 Mil (As of Mar. 2024)

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What is Grenke AG PensionAndRetirementBenefit?

Grenke AG's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was $4.9 Mil.

Grenke AG's quarterly PensionAndRetirementBenefit increased from Sep. 2023 ($3.4 Mil) to Dec. 2023 ($5.1 Mil) but then declined from Dec. 2023 ($5.1 Mil) to Mar. 2024 ($4.9 Mil).

Grenke AG's annual PensionAndRetirementBenefit declined from Dec. 2021 ($5.5 Mil) to Dec. 2022 ($3.3 Mil) but then increased from Dec. 2022 ($3.3 Mil) to Dec. 2023 ($5.1 Mil).

Grenke AG PensionAndRetirementBenefit Historical Data

The historical data trend for Grenke AG's PensionAndRetirementBenefit 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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Grenke AG PensionAndRetirementBenefit Chart

Grenke AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PensionAndRetirementBenefit

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5.70

6.98

5.50

3.26

5.07

Grenke AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PensionAndRetirementBenefit	Get a 7-Day Free Trial															3.31	3.43	3.45	5.07	4.94

Grenke AG PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Grenke AG (Grenke AG) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

0R97:UK GLJ:Germany

Address

Neuer Markt 2, Baden-Baden, DEU, 76532

Website

https://www.grenke.de

Grenke AG is a financial-services company that, under a franchise model, provides operational infrastructure, the licensing of the group's name to contracted parties, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include Leasing, Banking, and Factoring. The Leasing segment produces the most revenue. GRENKE Bank's actions compose the banking segment, primarily including acting as the financing partner for SMEs. The Factoring segment includes mainly small-ticket factoring services. The company operates primarily in Europe, with the most revenue coming from Ireland and Germany.