TIM (TIMB) Short-Term Capital Lease Obligation : $0 Mil (As of Sep. 2023)

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What is TIM Short-Term Capital Lease Obligation?

TIM's Short-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0 Mil.

TIM's quarterly Short-Term Capital Lease Obligation increased from Mar. 2023 ($398 Mil) to Jun. 2023 ($434 Mil) but then declined from Jun. 2023 ($434 Mil) to Sep. 2023 ($0 Mil).

TIM's annual Short-Term Capital Lease Obligation increased from Dec. 2020 ($205 Mil) to Dec. 2021 ($225 Mil) and increased from Dec. 2021 ($225 Mil) to Dec. 2022 ($430 Mil).

TIM Short-Term Capital Lease Obligation Historical Data

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

TIM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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212.71

205.01

224.56

430.32

TIM Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															430.32	397.74	433.95	-	-

TIM 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.

TIM Short-Term Capital Lease Obligation Related Terms

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TIM (TIMB) Business Description

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TIMS3:Brazil

Address

Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057

Website

https://ri.tim.com.br

TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 61 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to a bit less than 15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand.