Universal Insurance Holdings (Universal Insurance Holdings) Short-Term Debt & Capital Lease Obligation : $15 Mil (As of Dec. 2023)

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What is Universal Insurance Holdings Short-Term Debt & Capital Lease Obligation?

Short-Term Debt & Capital Lease Obligation is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Universal Insurance Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Universal Insurance Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $102 Mil.

Universal Insurance Holdings Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Universal Insurance Holdings's Short-Term Debt & 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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Universal Insurance Holdings Short-Term Debt & Capital Lease Obligation Chart

Universal Insurance Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

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90.40

59.40

26.76

14.60

Universal Insurance Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															-	77.66	53.84	12.21	14.60

Universal Insurance Holdings Short-Term Debt & Capital Lease Obligation Calculation

This is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Universal Insurance Holdings Short-Term Debt & Capital Lease Obligation Related Terms

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Universal Insurance Holdings (Universal Insurance Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Universal Insurance Holdings Inc (NYSE:UVE) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

5UI:Germany

Address

1110 West Commercial Boulevard, Fort Lauderdale, FL, USA, 33309

Website

https://www.universalinsuranceholdings.com

Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. It operates within Florida and across the United States.

Executives

Sean P Downes	director	2875 N.E. 191ST, SUITE 300, MIAMI FL 33180
Stephen Donaghy	director, officer: CEO	UNIVERSAL INSURANCE HOLDINGS INC., 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Michael Pietrangelo	director	6410 POPLAR AVE, STE 190, MIMPHIS TN 38119
Gary Lloyd Ropiecki	officer: Principal Accounting Officer	1110 W. COMMERCIAL BLVD., FORT LAUDERDALE FL 33309
Jon Springer	director, officer: President and CRO	UNIVERSAL INSURANCE HOLDINGS INC., 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Shannon A Brown	director	1001 TILLMAN STREET, MEMPHIS TN 38112
Mccahill Francis Xavier Iii	director	1314 SOUTH RAMONA AVENUE, INDIALANTIC FL 32903
Scott P. Callahan	director	1110 W. COMMERCIAL BLVD., SUITE 100, FORT LAUDERDALE FL 33309
Joel Wilentz	director	5811 SW 33RD TERR, FORT LAUDERDALE FL 33312
Ozzie A Schindler	director	1451 STILLWATER DRIVE, MIAMI BEACH FL 33141-1031
Richard D Peterson	director	1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Marlene Gordon	director	C/O FRESH DEL MONTE PRODUCE INC.,, PO BOX 149222, CORAL GABLES FL 33134
Frank Wilcox	officer: CFO, Principal Acct. Officer	1110 W. COMMERCIAL BLVD., SUITE 100, FORT LAUDERDALE FL 33309
Kimberly D Campos	director, officer: CIO & CAO	1110 WEST COMMERCIAL BOULEVARD, SUITE 100, FORT LAUDERDALE FL 33309
Ralph J. Palmieri	director	1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309