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Michlol Finance (XTAE:MCLL) Credit Losses Provision : ₪0.00 Mil (As of Mar. 2024)


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What is Michlol Finance Credit Losses Provision?

Michlol Finance's credit losses provision for the three months ended in Mar. 2024 was ₪0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was ₪0.00 Mil.

Michlol Finance Credit Losses Provision Historical Data

The historical data trend for Michlol Finance'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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Michlol Finance Credit Losses Provision Chart

Michlol Finance Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
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Michlol Finance Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Michlol Finance 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪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.

Michlol Finance (XTAE:MCLL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Michlol Finance Ltd (XTAE:MCLL) » Definitions » Credit Losses Provision
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Traded in Other Exchanges
N/A
Address
Masada 7, BSR 4, 17th Floor, Bnei Brak, ISR
Website
https://www.michlol-fin.co.il
Michlol Finance Ltd is a non-bank credit company that provides financing with closed support to entrepreneurs and construction companies.

Michlol Finance (XTAE:MCLL) Headlines

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