PlasCred Circular Innovations (PlasCred Circular Innovations) Short-Term Debt & Capital Lease Obligation : $1.43 Mil (As of Jun. 2023)

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What is PlasCred Circular Innovations 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. PlasCred Circular Innovations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.43 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. PlasCred Circular Innovations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil.

PlasCred Circular Innovations Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for PlasCred Circular Innovations'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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PlasCred Circular Innovations Short-Term Debt & Capital Lease Obligation Chart

PlasCred Circular Innovations Annual Data

Trend

Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

0.61

PlasCred Circular Innovations Quarterly Data
	Jun22	Mar23	Jun23	Dec23
Short-Term Debt & Capital Lease Obligation	-	1.36	1.43	-

PlasCred Circular Innovations 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

PlasCred Circular Innovations Short-Term Debt & Capital Lease Obligation Related Terms

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PlasCred Circular Innovations (PlasCred Circular Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » PlasCred Circular Innovations Inc (OTCPK:MGPRF) » Definitions » Short-Term Debt & Capital Lease Obligation

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Traded in Other Exchanges

XV2:Germany PLAS:Canada

Address

810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2

Website

https://www.plascred.com

PlasCred Circular Innovations Inc is a green technology company based in Alberta, whose patent-pending and proprietary process enables true plastic waste removal in a scalable, systematic and profitable way. The PlasCred process hopes to deliver a commercially viable plastic recycling process, providing immediate economic benefit for industry, communities and government organizations for handling waste plastic.

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