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Netwealth Group (ASX:NWL) Allowance For Loans And Lease Losses : A$0.0 Mil (As of Dec. 2023)


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What is Netwealth Group Allowance For Loans And Lease Losses?

Netwealth Group's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was A$0.0 Mil.


Netwealth Group Allowance For Loans And Lease Losses Historical Data

The historical data trend for Netwealth Group's Allowance For Loans And Lease Losses 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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Netwealth Group Allowance For Loans And Lease Losses Chart

Netwealth Group Annual Data
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Allowance For Loans And Lease Losses
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Netwealth Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Netwealth Group Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Netwealth Group Allowance For Loans And Lease Losses Related Terms

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Netwealth Group (ASX:NWL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000
Netwealth provides cloud-based investment administration software as a service, or SaaS, in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform which are managed by third-party investment managers.