What are the non-performing assets of the company?

Question

Accepted Answer

Non-performing assets (NPAs) are assets of a company that are not generating income or are not expected to generate income in the future.

Non-performing assets refer to loans or advances given by the company that have stopped generating interest or principal repayments.
These assets are typically classified as NPAs when the borrower fails to make payments for a specified period, usually 90 days or more.
Examples of non-performing assets include defaulted loans, overdue mortgages, unpaid credit card debts, and unrecoverable advances.
NPAs can negatively impact a company's financial health, profitability, and liquidity.
Managing and reducing NPAs is crucial for maintaining a healthy balance sheet and ensuring the company's long-term sustainability.

Accepted Answer

Non - performing assets is a classification used by financial institutions for the loan and advanges on which the priciple is past due and on which interest payments have been made for a period of a time.

What are the non-performing assets of the company?

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