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Fitell (Fitell) Short-Term Capital Lease Obligation : $0.29 Mil (As of Dec. 2023)


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What is Fitell Short-Term Capital Lease Obligation?

Fitell's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.29 Mil.

Fitell's quarterly Short-Term Capital Lease Obligation increased from Dec. 2022 ($0.20 Mil) to Jun. 2023 ($0.21 Mil) and increased from Jun. 2023 ($0.21 Mil) to Dec. 2023 ($0.29 Mil).

Fitell's annual Short-Term Capital Lease Obligation declined from Jun. 2021 ($0.21 Mil) to Jun. 2022 ($0.21 Mil) but then increased from Jun. 2022 ($0.21 Mil) to Jun. 2023 ($0.21 Mil).

Fitell Short-Term Capital Lease Obligation Historical Data

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

Fitell Annual Data
Trend Jun21 Jun22 Jun23
Short-Term Capital Lease Obligation
0.21 0.21 0.21

Fitell Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Short-Term Capital Lease Obligation Get a 7-Day Free Trial - 0.21 0.20 0.21 0.29

Fitell 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.

Fitell Short-Term Capital Lease Obligation Related Terms

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Fitell (Fitell) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fitell Corp (NAS:FTEL) » Definitions » Short-Term Capital Lease Obligation
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Traded in Other Exchanges
N/A
Address
23-25 Mangrove Lane, Taren Point, NSW, AUS, 2229
Website
https://www.gymdirect.com.au
Fitell Corp engages in primary operations of selling gym and fitness equipment in Australia through its indirectly held wholly owned subsidiaries. It operates in two segments: online fitness equipment distribution and licensing business to service the large and growing boutique fitness sector of the broader health and fitness club industry. The majority fitness equipment business is conducted in Australia via its own e-commerce platform and, through third-party sites. Licensing service offers a turnkey solution for personal training studios and commercial gym chains.