Pinnacle West Capital (LTS:0KIT) Short-Term Capital Lease Obligation : $69 Mil (As of Mar. 2024)

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What is Pinnacle West Capital Short-Term Capital Lease Obligation?

Pinnacle West Capital's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $69 Mil.

Pinnacle West Capital's quarterly Short-Term Capital Lease Obligation declined from Sep. 2023 ($91 Mil) to Dec. 2023 ($68 Mil) but then increased from Dec. 2023 ($68 Mil) to Mar. 2024 ($69 Mil).

Pinnacle West Capital's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($100 Mil) to Dec. 2022 ($105 Mil) but then declined from Dec. 2022 ($105 Mil) to Dec. 2023 ($68 Mil).

Pinnacle West Capital Short-Term Capital Lease Obligation Historical Data

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

Pinnacle West Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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12.71

74.79

100.44

105.21

67.88

Pinnacle West Capital 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															65.13	90.66	90.58	67.88	69.10

Pinnacle West Capital 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.

Pinnacle West Capital Short-Term Capital Lease Obligation Related Terms

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Pinnacle West Capital (LTS:0KIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Pinnacle West Capital Corp (LTS:0KIT) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

OGE EVRG IDA POR LNT PNM MGEE AGR HE GNE NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

PNW:USA PWC:Germany

Address

400 North Fifth Street, P.O. Box 53999, Phoenix, AZ, USA, 85072-3999

Website

https://www.pinnaclewest.com

Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility that serves 1.4 million customers across a 35,000-square-mile territory in central Arizona, including Phoenix. APS owns or leases more than 6 gigawatts of power generation capacity, including a 29% ownership stake in the largest nuclear plant in the U.S., Palo Verde. About half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.

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