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Varta AG (WBO:VAR1) Allowance For Loans And Lease Losses


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What is Varta AG Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Varta AG (WBO:VAR1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Varta AG (WBO:VAR1) » Definitions » Allowance For Loans And Lease Losses
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Address
VARTA-Platz 1, Ellwangen, BW, DEU, 73479
Varta AG manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and devices. It operates in five reportable business segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Others. The company generates the majority of its revenue from the Consumer Batteries segment which comprises the product categories of household comprises the product categories of household batteries, rechargeable batteries, chargers, portable power (power banks), and lights.