Peninsula Group (XTAE:PEN) Credit Losses Provision : ₪0.0 Mil (As of Dec. 2023)

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What is Peninsula Group Credit Losses Provision?

Peninsula Group's credit losses provision for the three months ended in Dec. 2023 was ₪0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was ₪0.0 Mil.

Peninsula Group Credit Losses Provision Historical Data

The historical data trend for Peninsula Group'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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Peninsula Group Credit Losses Provision Chart

Peninsula Group Annual Data

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Credit Losses Provision

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Peninsula Group Quarterly Data
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Peninsula Group 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 quarterly data reported by the company within the most recent 12 months, which was ₪0.0 Mil.

Peninsula Group (XTAE:PEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Peninsula Group Ltd (XTAE:PEN) » Definitions » Credit Losses Provision

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Address

48 Yehuda Halevi Street, Tel Aviv, ISR, 6578202

Website

http://www.peninsula.co.il

Peninsula Group Ltd is engaged in providing financial services. The Company is engaged in providing credit facilities including loans, leasing and factoring and investment banking services. It provides credit to small and medium-sized companies in Israel. It also serves customers in fields of manufacturing, commerce, import, distribution, construction, infrastructure, retail, and services.