ARC Funds (ASX:ARC) Credit Losses Provision : A$0.00 Mil (As of Dec. 2023)

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What is ARC Funds Credit Losses Provision?

ARC Funds's credit losses provision for the six months ended in Dec. 2023 was A$0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.00 Mil.

ARC Funds's quarterly credit losses provision declined from Dec. 2022 (A$0.15 Mil) to Jun. 2023 (A$0.00 Mil) but then stayed the same from Jun. 2023 (A$0.00 Mil) to Dec. 2023 (A$0.00 Mil).

ARC Funds's annual credit losses provision stayed the same from Jun. 2021 (A$0.00 Mil) to Jun. 2022 (A$0.00 Mil) but then increased from Jun. 2022 (A$0.00 Mil) to Jun. 2023 (A$0.15 Mil).

ARC Funds Credit Losses Provision Historical Data

The historical data trend for ARC Funds'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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ARC Funds Credit Losses Provision Chart

ARC Funds Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Credit Losses Provision

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0.15

ARC Funds Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Credit Losses Provision	Get a 7-Day Free Trial															-	-	0.15	-	-

ARC Funds 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

ARC Funds (ASX:ARC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ARC Funds Ltd (ASX:ARC) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/- Acclime Australia, Level 7, 330 Collins Street, Melbourne, VIC, AUS, 3000

Website

https://www.arcfunds.com.au

ARC Funds Ltd is engaged in providing equity investments and funds management and financial services. The company operates only in Australia. Its business operates through two segments: Funds Management, which is involved in the management of investment vehicles and provision of funds management services; and Investment, which invests in agriculture-related entities, schemes and securities; microcap Australian companies, and other financial services entities.