IRESS (IRSMF) Short-Term Capital Lease Obligation : $9.47 Mil (As of Dec. 2023)

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What is IRESS Short-Term Capital Lease Obligation?

IRESS's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.47 Mil.

IRESS's quarterly Short-Term Capital Lease Obligation declined from Dec. 2022 ($10.42 Mil) to Jun. 2023 ($0.00 Mil) but then increased from Jun. 2023 ($0.00 Mil) to Dec. 2023 ($9.47 Mil).

IRESS's annual Short-Term Capital Lease Obligation declined from Dec. 2021 ($11.00 Mil) to Dec. 2022 ($10.42 Mil) and declined from Dec. 2022 ($10.42 Mil) to Dec. 2023 ($9.47 Mil).

IRESS Short-Term Capital Lease Obligation Historical Data

The historical data trend for IRESS's Short-Term Capital Lease Obligation 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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IRESS Short-Term Capital Lease Obligation Chart

IRESS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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6.32

10.08

11.00

10.42

9.47

IRESS Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															11.00	-	10.42	-	9.47

IRESS Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

IRESS Short-Term Capital Lease Obligation Related Terms

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IRESS (IRSMF) Business Description

Industry

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IRE:Australia

Address

385 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000

Website

https://www.iress.com

Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging from small retail to large institutional businesses. Its core business unit, mainly in Australia, generates most of the company's earnings and free cash flows. Iress expanded into noncore markets through acquisitions, ultimately eroding returns and margins, with free cash flows from the core business invested in the noncore businesses. Its recent strategy includes reprioritizing growth in the core APAC business and divesting/monetizing noncore businesses. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat.