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Strategic Elements (ASX:SOR) Credit Losses Provision : A$0.00 Mil (As of Dec. 2023)


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What is Strategic Elements Credit Losses Provision?

Strategic Elements'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.

Strategic Elements Credit Losses Provision Historical Data

The historical data trend for Strategic Elements'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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Strategic Elements Credit Losses Provision Chart

Strategic Elements Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Credit Losses Provision
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Strategic Elements Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Strategic Elements 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.

* 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.

Strategic Elements (ASX:SOR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Strategic Elements Ltd (ASX:SOR) » Definitions » Credit Losses Provision
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Traded in Other Exchanges
N/A
Address
138 Churchill Avenue, Subiaco, Perth, WA, AUS, 6008
Website
https://www.strategicelements.com.au
Strategic Elements Ltd is a Pooled Development Fund with investments in exploration and information technology companies. The company's operating segment includes Resources and Technology. It generates maximum revenue from the Technology segment. The Technology segment is engaged in the research and development of nanocube technology and robotics and AI solutions.