Credit Group (ASX:CCP) Other Long-Term Liabilities : A$3.8 Mil (As of Dec. 2023)

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What is Credit Group Other Long-Term Liabilities?

Credit Group's other long-term liabilities for the quarter that ended in Dec. 2023 was A$3.8 Mil.

Credit Group's quarterly other long-term liabilities declined from Dec. 2022 (A$4.5 Mil) to Jun. 2023 (A$1.4 Mil) but then increased from Jun. 2023 (A$1.4 Mil) to Dec. 2023 (A$3.8 Mil).

Credit Group's annual other long-term liabilities declined from Jun. 2021 (A$5.2 Mil) to Jun. 2022 (A$5.2 Mil) and declined from Jun. 2022 (A$5.2 Mil) to Jun. 2023 (A$1.4 Mil).

Credit Group Other Long-Term Liabilities Historical Data

The historical data trend for Credit Group's Other Long-Term Liabilities 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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Credit Group Other Long-Term Liabilities Chart

Credit Group Annual Data

Trend

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Other Long-Term Liabilities

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Credit Group Semi-Annual Data
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Other Long-Term Liabilities	Get a 7-Day Free Trial															-	-	-	-	-

Credit Group Other Long-Term Liabilities Calculation

Other Long-Term Liabilities are the other liabilities on the balance sheet that do not need to be repaid within the next 12 months, but still need to be repaid over time. For instance, on Wal-Mart's balance sheet, there are items called Long Term obligations under capital leases, deferred income taxes, and redeemable non-controlling interest. These are all Other Long-Term Liabilities.

Credit Group Other Long-Term Liabilities Related Terms

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Credit Group (ASX:CCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Corp Group Ltd (ASX:CCP) » Definitions » Other Long-Term Liabilities

Comparable Companies

Traded in Other Exchanges

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Address

201 Kent Street, Level 15, Sydney, NSW, AUS, 2000

Website

https://www.creditcorp.com.au

Credit Corp operates in the distressed consumer debt market. In its core business, it acquires purchased debt ledgers, or PDLs, in Australia and is expanding this business globally by buying PDLs in the United States. These PDLs consist of unsecured debt that are at least six months in arrears and have already been through a collection process. Since 2012, Credit Corp also diversified its business into providing consumer credit to customers who are unable to gain access to credit from primary sources such as banks because of a poor credit history. Its consumer credit business is gaining scale but is also subject to increased regulatory scrutiny.

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