Mariner (ASX:MCX) Credit Losses Provision : A$0.00 Mil (As of Jun. 2023)

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What is Mariner Credit Losses Provision?

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

Mariner's annual credit losses provision increased from Jun. 2021 (A$0.00 Mil) to Jun. 2022 (A$0.08 Mil) but then declined from Jun. 2022 (A$0.08 Mil) to Jun. 2023 (A$0.00 Mil).

Mariner Credit Losses Provision Historical Data

The historical data trend for Mariner'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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Mariner Credit Losses Provision Chart

Mariner Annual Data

Trend

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Jun23

Credit Losses Provision

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0.08

Mariner Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

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

Mariner (ASX:MCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mariner Corp Ltd (ASX:MCX) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 Pitt Street, Level 17, Angel Place, Sydney, NSW, AUS, 2000

Website

https://www.marinercorporation.com.au

Mariner Corp Ltd is an asset management company. It is engaged in investment activities and corporate actions. The company serves corporations and individuals through its professional services. Geographically the company operates in two segments being Australia and Hong Kong.

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