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Grupo Aval Acciones y Valores (Grupo Aval Acciones y Valores) Net Charge Offs to Average Loans % : 0.00% (As of . 20)


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What is Grupo Aval Acciones y Valores Net Charge Offs to Average Loans %?

Net Charge Offs to Average Loans % is the net charge-offs divided by the average total loans during a specific period. This ratio measures the proportion of debt owed to a company that is unlikely to be recovered. A higher ratio means there’s more bad debt that is unlikely to be collected, which leads investors to believe it has a very risky portfolio.

Grupo Aval Acciones y Valores's Net Charge Offs to Average Loans % for the annual that ended in Dec. 2023 was 2.30% , which is higher than 1.90% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Grupo Aval Acciones y Valores's Net Charge Offs to Average Loans % or its related term are showing as below:

AVAL's Net Charge Offs to Average Loans % is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Net Charge Offs to Average Loans % only.

Grupo Aval Acciones y Valores Net Charge Offs to Average Loans % Historical Data

The historical data trend for Grupo Aval Acciones y Valores's Net Charge Offs to Average Loans % 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.

* Premium members only.

Grupo Aval Acciones y Valores Net Charge Offs to Average Loans % Chart

Grupo Aval Acciones y Valores Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Charge Offs to Average Loans %
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Efficiency Overhead Ratio %
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Competitive Comparison of Grupo Aval Acciones y Valores's Net Charge Offs to Average Loans %

For the Banks - Regional subindustry, Grupo Aval Acciones y Valores's Net Charge Offs to Average Loans %, along with its competitors' market caps and Net Charge Offs to Average Loans % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grupo Aval Acciones y Valores  (NYSE:AVAL) Net Charge Offs to Average Loans % Calculation

Net Charge Offs to Average Loans % is calculated as

Net Charge Offs to Average Loans %=Net Charge-offs / Average Total Loans

* 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.


Grupo Aval Acciones y Valores  (NYSE:AVAL) Net Charge Offs to Average Loans % Explanation

A Net Charge-off (NCO) is the dollar amount representing the difference between gross charge-offs and any subsequent recoveries of delinquent debt. The bad debt often needs to be written off and classified as gross charge-off. If any money is recovered from that debt, the recovered amount needs to be subtracted from gross charge-off, which is how we get the net charge-off.

Net Charge Offs to Average Loans % represents the amount of debt that a company believes it will never collect and is an indicator of a financial institution's loan portfolio performance. A higher ratio, especially when compared to the previous period or to other banks, would suggest that there’s more bad debt that is unlikely to be collected and the loan portfolio may be too risky.


Grupo Aval Acciones y Valores Net Charge Offs to Average Loans % Related Terms

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Grupo Aval Acciones y Valores (Grupo Aval Acciones y Valores) Business Description

Traded in Other Exchanges
Address
Carrera 13 No. 26A - 47, Bogota D.C., COL, 110311
Grupo Aval Acciones y Valores SA is a Colombian financial services company. Its local operations consist of commercial banking (Banco de Bogota, Banco de Occidente, Banco Popular, and Banco AV Villas), pension fund management (Porvenir), and merchant banking (Corficolombiana). Outside Colombia, the company offers (via BAC Credomatic operations) consumer and credit card banking businesses in Central American countries (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama) and Mexico. BAC Credomatic has key alliances with major credit card networks, such as Visa, MasterCard, American Express, and Diners Club.

Grupo Aval Acciones y Valores (Grupo Aval Acciones y Valores) Headlines