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Abu Dhabi National Takaful Co PSC (ADX:TKFL) Short-Term Debt & Capital Lease Obligation : د.إ0.0 Mil (As of Dec. 2023)


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What is Abu Dhabi National Takaful Co PSC Short-Term Debt & Capital Lease Obligation?

Short-Term Debt & Capital Lease Obligation is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Abu Dhabi National Takaful Co PSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ0.0 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Abu Dhabi National Takaful Co PSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ0.0 Mil.


Abu Dhabi National Takaful Co PSC Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Abu Dhabi National Takaful Co PSC's Short-Term Debt & 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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Abu Dhabi National Takaful Co PSC Short-Term Debt & Capital Lease Obligation Chart

Abu Dhabi National Takaful Co PSC Annual Data
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Short-Term Debt & Capital Lease Obligation
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Abu Dhabi National Takaful Co PSC Quarterly Data
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Abu Dhabi National Takaful Co PSC Short-Term Debt & Capital Lease Obligation Calculation

This is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Abu Dhabi National Takaful Co PSC Short-Term Debt & Capital Lease Obligation Related Terms

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Abu Dhabi National Takaful Co PSC (ADX:TKFL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tamouh Tower, 25th Floor, P.O. Box 35335, Marina Square, Al Reem Island, Abu Dhabi, ARE
Abu Dhabi National Takaful Co PSC is engaged in providing Takaful insurance solutions for the regional market. The company is licensed by the Ministry of Economy & Commerce as the first Takaful operator in the emirates of Abu Dhabi and is among the Islamic insurance companies operating in the United Arab Emirates. The company's core business activities and investments are conducted in accordance with the Islamic Shari'a. The company has a comprehensive range of products and services, which have been developed under the guidance of the Fatwa & Shari'a Supervisory Board to meet the varying needs of clients in the field of Islamic finance.

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