KNEVF (Kinnevik AB) Credit Losses Provision : $0.00 Mil (As of Sep. 2024)

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What is Kinnevik AB Credit Losses Provision?

Kinnevik AB's credit losses provision for the three months ended in Sep. 2024 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2024 was $0.00 Mil.

Kinnevik AB Credit Losses Provision Historical Data

The historical data trend for Kinnevik AB'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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Kinnevik AB Credit Losses Provision Chart

Kinnevik AB Annual Data

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Credit Losses Provision

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Kinnevik AB Quarterly Data
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Kinnevik AB 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Kinnevik AB Business Description

Industry

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KINV B:Sweden KINV A:Sweden KINVBs:UK 0RH1:UK 0RGZ:UK IV62:Germany

Address

Skeppsbron 18, P.O. Box 2094, Stockholm, SWE, SE-103 13

Website

https://www.kinnevik.com

Kinnevik AB is an operationally oriented investment group with an entrepreneurial focus on building digital brands. It concentrates its growth-style investment efforts on four sectors: TMT, e-commerce and marketplaces, Healthcare and financial services. Nearly all of its capital is committed to the communication e-commerce and marketplace sectors. The group, through its various subsidiaries, is geographically diversified and operationally present in over 80 countries. Kinnevik's bias is toward investing in emerging markets because of the opportunity afforded by these markets' reliance on legacy products and services. A key component of its is to create consumer choice of solutions in markets where supply may have been previously constrained.