NGE Capital (ASX:NGE) Credit Losses Provision : A$0.00 Mil (As of Dec. 2022)

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What is NGE Capital Credit Losses Provision?

NGE Capital's credit losses provision for the six months ended in Dec. 2022 was A$0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2022 was A$0.00 Mil.

NGE Capital Credit Losses Provision Historical Data

The historical data trend for NGE Capital'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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NGE Capital Credit Losses Provision Chart

NGE Capital Annual Data

Trend

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Credit Losses Provision

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NGE Capital Semi-Annual Data
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Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

NGE Capital 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

NGE Capital (ASX:NGE) Business Description

Industry

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Address

100 Albert Road, Level 4, South Melbourne, Melbourne, VIC, AUS, 3205

Website

https://www.ngecapital.com.au

NGE Capital Ltd is an internally managed investment company. Its principal activity is to allow investors to gain exposure to a concentrated, high conviction, actively managed portfolio of financial assets.. The company's focus is on listed ASX and international equities, with the aim of generating strong risk-adjusted returns over the medium to long term.

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