GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mission Advancement Corp (NYSE:MACC) » Definitions » Short-Term Debt & Capital Lease Obligation

Mission Advancement (Mission Advancement) Short-Term Debt & Capital Lease Obligation : $0.95 Mil (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Mission Advancement 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. Mission Advancement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.95 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Mission Advancement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil.

Mission Advancement Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Mission Advancement'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.

* Premium members only.

Mission Advancement Short-Term Debt & Capital Lease Obligation Chart

Mission Advancement Annual Data
Trend Dec20 Dec21
Short-Term Debt & Capital Lease Obligation
0.02 0.55

Mission Advancement Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Short-Term Debt & Capital Lease Obligation Get a 7-Day Free Trial - 0.55 0.80 0.95 0.95

Mission Advancement 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

Mission Advancement Short-Term Debt & Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Mission Advancement's Short-Term Debt & Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Mission Advancement (Mission Advancement) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mission Advancement Corp (NYSE:MACC) » Definitions » Short-Term Debt & Capital Lease Obligation
Comparable Companies
ACAH RXRA FACT LEGA GLBL TWNI SLAC PTOC TIOA SPGS GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2525 E Camelback Road, Suite 850, Phoenix, AZ, USA, 85016
Website
https://www.missioncorp.com
Mission Advancement Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Peter J Keane 10 percent owner, officer: Chief Financial Officer 100 BLOOMFIELD HILLS PARKWAY, STE. 300, BLOOMFIELD HILLS MI 48304
Omar Johnson director 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Stacie Olivares director 2525 E. CAMELBACK RD., STE 850, PHOENIX AZ 85016
Jahm J Najafi director, 10 percent owner, officer: Chief Executive Officer 2525 E CAMELBACK RD, SUITE 850, PHOENIX AZ 85016
Katia Beauchamp director MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Mission Advancement Sponsor Llc 10 percent owner MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Dean Schnider officer: COO & Head of Business Devt. MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Attica Jaques director MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Tina Rhodes-hall officer: Treasurer MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Kaepernick Colin director MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016