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Agricultural Development Bank (XGHA:ADB) Research & Development : GHS0.0 Mil (TTM As of Sep. 2023)


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What is Agricultural Development Bank Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Agricultural Development Bank's Research & Development for the three months ended in Sep. 2023 was GHS0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was GHS0.0 Mil.


Agricultural Development Bank Research & Development Historical Data

The historical data trend for Agricultural Development Bank's Research & Development 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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Agricultural Development Bank Research & Development Chart

Agricultural Development Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
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Agricultural Development Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Agricultural Development Bank Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was GHS0.0 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.


Agricultural Development Bank  (XGHA:ADB) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Agricultural Development Bank Research & Development Related Terms

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Agricultural Development Bank (XGHA:ADB) Business Description

Traded in Other Exchanges
N/A
Address
Accra Financial Centre, P.O. Box 4191, Ridge, 3rd Ambassadorial Development Area, Accra, GHA
Agricultural Development Bank Ltd is a universal bank offering a full range of banking products and services. The company's operating segment includes Corporate Banking, Retail Banking, and Central Treasurys. Corporate Banking includes loans, deposits, and other transactions and balances with corporate customers including the Agricultural sector. Retail Banking includes loans, deposits, and other transactions and balances with retail customers. The central Treasury segment undertakes the Bank's funding and centralised risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes, and investing in liquid assets such as short-term placements and corporate and government debt securities.

Agricultural Development Bank (XGHA:ADB) Headlines

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