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Netwealth Group (ASX:NWL) Other Liabilities for Banks : A$19.1 Mil (As of Dec. 2023)


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What is Netwealth Group Other Liabilities for Banks?

Netwealth Group's quarterly other liabilities (bank) increased from Dec. 2022 (A$10.8 Mil) to Jun. 2023 (A$13.4 Mil) and increased from Jun. 2023 (A$13.4 Mil) to Dec. 2023 (A$19.1 Mil).

Netwealth Group's annual other liabilities (bank) declined from Jun. 2021 (A$13.6 Mil) to Jun. 2022 (A$8.2 Mil) but then increased from Jun. 2022 (A$8.2 Mil) to Jun. 2023 (A$13.4 Mil).


Netwealth Group Other Liabilities for Banks Historical Data

The historical data trend for Netwealth Group's Other Liabilities for Banks 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 Other Liabilities for Banks Chart

Netwealth Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Other Liabilities for Banks
Get a 7-Day Free Trial 11.25 23.33 13.60 8.24 13.45

Netwealth Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Other Liabilities for Banks Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.26 8.24 10.83 13.45 19.06

Netwealth Group Other Liabilities for Banks Calculation

As used by the bank, this category may include numerous accounts not included under other specific liability categories. In some banks, individual accounts are established for control purposes and appear as other liabilities on the balance sheet.


Netwealth Group (ASX:NWL) Business Description

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.