Switch to:
GuruFocus has detected 6 Warning Signs with Australia and New Zealand Banking Group Ltd $ANZBY.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Australia and New Zealand Banking Group Ltd (OTCPK:ANZBY)
Research & Development
$0 Mil (TTM As of Mar. 2017)

This is the expense the company spent on research and development. Australia and New Zealand Banking Group Ltd's research and development for the six months ended in Mar. 2017 was $0 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2017 was $0 Mil.


Definition

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

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Australia and New Zealand Banking Group Ltd Research & Development for the trailing twelve months (TTM) ended in Mar. 2017 was $0 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Australia and New Zealand Banking Group Ltd Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
Research & Development 0000000000

Australia and New Zealand Banking Group Ltd Semi-Annual Data

Sep12Mar13Sep13Mar14Sep14Mar15Sep15Mar16Sep16Mar17
Research & Development 0000000000
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

FEEDBACK