Sprint (Sprint) Short-Term Capital Lease Obligation : $1,860 Mil (As of Dec. 2019)

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What is Sprint Short-Term Capital Lease Obligation?

Sprint's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2019 was $1,860 Mil.

Sprint's quarterly Short-Term Capital Lease Obligation increased from Jun. 2019 ($1,680 Mil) to Sep. 2019 ($1,835 Mil) and increased from Sep. 2019 ($1,835 Mil) to Dec. 2019 ($1,860 Mil).

Sprint Short-Term Capital Lease Obligation Historical Data

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

Sprint Annual Data

Trend

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Short-Term Capital Lease Obligation

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Sprint Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	1,680.00	1,835.00	1,860.00

Sprint 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.

Sprint Short-Term Capital Lease Obligation Related Terms

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Sprint (Sprint) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sprint Corp (NYSE:S) » Definitions » Short-Term Capital Lease Obligation

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Address

6200 Sprint Parkway, Overland Park, KS, USA, 66251

Website

https://www.sprint.com

A decade of operational problems has considerably diminished Sprint's position in the wireless industry. It is now the fourth- largest carrier in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.