Reinet Investments SCA (FRA:RNT) Credit Losses Provision : €0.0 Mil (As of Sep. 2023)

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What is Reinet Investments SCA Credit Losses Provision?

Reinet Investments SCA's credit losses provision for the six months ended in Sep. 2023 was €0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2023 was €0.0 Mil.

Reinet Investments SCA Credit Losses Provision Historical Data

The historical data trend for Reinet Investments SCA'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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Reinet Investments SCA Credit Losses Provision Chart

Reinet Investments SCA Annual Data

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Credit Losses Provision

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Reinet Investments SCA Semi-Annual Data
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Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

Reinet Investments SCA 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Reinet Investments SCA (FRA:RNT) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Reinet Investments SCA (FRA:RNT) » Definitions » Credit Losses Provision

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RNI:South Africa REINA:Netherlands REINI:Luxembourg

Address

35, Boulevard Prince Henri, Luxembourg, LUX, L-1724

Website

https://www.reinet.com

Reinet Investments SCA is a Luxembourg-based closed-end, specialized investment fund (SIF). Its primary investment objective is to achieve long-term capital growth. The company focuses on investing in a wide range of asset classes, including listed and unlisted equities, bonds, real estate, and derivative instruments. It adopts a strategy to work with experienced partners to invest in unique opportunities focusing on value creation for investors. The company's principal source of earnings is the returns in the form of income and capital gains from the investments made through Reinet Fund and its subsidiaries.

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