Ashtead Group (LSE:AHT) Short-Term Capital Lease Obligation : £211 Mil (As of Jan. 2024)

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What is Ashtead Group Short-Term Capital Lease Obligation?

Ashtead Group's Short-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was £211 Mil.

Ashtead Group's quarterly Short-Term Capital Lease Obligation increased from Jul. 2023 (£191 Mil) to Oct. 2023 (£209 Mil) and increased from Oct. 2023 (£209 Mil) to Jan. 2024 (£211 Mil).

Ashtead Group's annual Short-Term Capital Lease Obligation increased from Apr. 2021 (£122 Mil) to Apr. 2022 (£146 Mil) and increased from Apr. 2022 (£146 Mil) to Apr. 2023 (£187 Mil).

Ashtead Group Short-Term Capital Lease Obligation Historical Data

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

Ashtead Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Short-Term Capital Lease Obligation

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2.28

107.55

121.80

145.79

187.26

Ashtead Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															182.19	187.26	190.82	209.27	211.23

Ashtead Group 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.

Ashtead Group Short-Term Capital Lease Obligation Related Terms

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Ashtead Group (LSE:AHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ashtead Group PLC (LSE:AHT) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ASHTY:USA ASHTF:USA AHTl:UK 0LC:Germany

Address

100 Cheapside, London, GBR, EC2V 6DT

Website

https://www.ashtead-group.com

Ashtead is an equipment rental business with operations in the U.S., Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the U.S. where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.