Societe Tunisienne de Banque (XTUN:STB) Research & Development : TND0.0 Mil (TTM As of Dec. 2022)

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What is Societe Tunisienne de Banque Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Societe Tunisienne de Banque's Research & Development for the six months ended in Dec. 2022 was TND0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2022 was TND0.0 Mil.

Societe Tunisienne de Banque Research & Development Historical Data

The historical data trend for Societe Tunisienne de Banque's Research & Development 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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Societe Tunisienne de Banque Research & Development Chart

Societe Tunisienne de Banque Annual Data

Trend

Dec15

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Dec22

Research & Development

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Societe Tunisienne de Banque Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Research & Development	Get a 7-Day Free Trial			-	-	-	-	-

Societe Tunisienne de Banque Research & Development Calculation

This is the expense the company spent on research and development.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Research & Development for the trailing twelve months (TTM) ended in Dec. 2022 was TND0.0 Mil.

Societe Tunisienne de Banque (XTUN:STB) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Societe Tunisienne de Banque Research & Development Related Terms

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Societe Tunisienne de Banque (XTUN:STB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Societe Tunisienne de Banque SA (XTUN:STB) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

Rue Hedi Nouira, Tunis, TUN, 1001

Website

https://www.stb.com.tn

Societe Tunisienne de Banque SA is engaged in providing banking services. Its activities include accepting deposits, lending money, manage cash among others.