ArcBest (ArcBest) Short-Term Capital Lease Obligation : $32 Mil (As of Mar. 2024)

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What is ArcBest Short-Term Capital Lease Obligation?

ArcBest's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $32 Mil.

ArcBest's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 ($31 Mil) to Dec. 2023 ($32 Mil) but then declined from Dec. 2023 ($32 Mil) to Mar. 2024 ($32 Mil).

ArcBest's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($23 Mil) to Dec. 2022 ($26 Mil) and increased from Dec. 2022 ($26 Mil) to Dec. 2023 ($32 Mil).

ArcBest Short-Term Capital Lease Obligation Historical Data

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

ArcBest Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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20.27

21.48

22.74

26.23

32.17

ArcBest Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															28.47	31.05	31.41	32.17	31.99

ArcBest 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.

ArcBest Short-Term Capital Lease Obligation Related Terms

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ArcBest (ArcBest) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ArcBest Corp (NAS:ARCB) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

AQY:Germany

Address

8401 McClure Drive, Fort Smith, AR, USA, 72916

Website

https://www.arcb.com

ArcBest Corp is engaged in logistics operations. The company operates in three business segments namely Asset-Based, ArcBest and FleetNet. Asset-Based segment which represents ABF Freight System, Inc. and certain other subsidiaries, including ABF Freight System (B.C.) ULC; ABF Freight System Canada ULC; ABF Cartage, Inc.; and Land-Marine Cargo, Inc.. ArcBest segment consist asset-light logistics operation, including MoLo, Panther, and certain other subsidiaries. FleetNet segment revenues consist of service fee revenue, roadside repair revenue, and routine maintenance services revenue. The ArcBest and FleetNet reportable segments, combined, represent its Asset-Light operations.

Executives

Janice E Stipp	director	1281 COVINGTON ROAD, BLOOMFIELD HILLS MI 48301
John Matthew Beasley	officer: CFO and Treasurer(1)	8401 MCCLURE DRIVE, FORT SMITH AR 72916
Kathleen D. Mcelligott	director	MCKESSON CORPORATION, 6555 NORTH STATE HWY 161, IRVING TX 75039
Anderson Dennis L Ii	officer: Vice President - Strategy	ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Craig E Philip	director	ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Steven Spinner	director	C/O UNITED NATURAL FOODS, INC., 260 LAKE ROAD, DAYVILLE CT 06241
Michael R Johns	officer: VP - Gen Counsel & Corp Sec	ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Judy R Mcreynolds	officer: Vice President - Controller	ARCBEST CORPORATION, PO BOX 10048, FORT SMITH AR 72917-0048
Michael E Newcity	officer: Chief Financial Officer - VP	ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Seth Runser	officer: President of ABF Freight	8401 MCCLURE DRIVE, FORT SMITH AR 72916
Erin K Gattis	officer: VP - Human Resources	ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Christopher A Adkins	officer: VP - Yield & Management (1)	8401 MCCLURE DR., FORT SMITH AR 72916
Jason T Parks	officer: VP - Controller (1)	8401 MCCLURE DRIVE, FORT SMITH AR 72916
Salvatore A Abbate	director	1000 ABERNATHY ROAD NE., BUILDING 400, SUITE 1700, ATLANTA GA 30328
Daniel E Loe	officer: VP - Enterp Cust Sols (1)	ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903