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Unity Bank (NSA:UBP) Short-Term Debt & Capital Lease Obligation : ₦0 Mil (As of Dec. 2022)


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What is Unity Bank 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. Unity Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₦0 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Unity Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₦246,793 Mil.


Unity Bank Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Unity Bank'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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Unity Bank Short-Term Debt & Capital Lease Obligation Chart

Unity Bank Annual Data
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Unity Bank Semi-Annual Data
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Unity Bank 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


Unity Bank Short-Term Debt & Capital Lease Obligation Related Terms

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Unity Bank (NSA:UBP) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Unity Bank PLC (NSA:UBP) » Definitions » Short-Term Debt & Capital Lease Obligation
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Address
Plot 42, Ahmed Onibudo Street, Victoria Island, Lagos, NGA
Unity Bank PLC provides a range of retail, corporate, treasury and investment banking services in Nigeria. The Bank's offerings include Private banking, Digital Banking, Business banking, custody services, consumer loans & mortgages, structured financing, corporate leasing services among others. It has six Business segments Corporate Banking, Commercial Banking, Personal Banking, Private Banking, SME and Institutional Banking. The Bank operated Two geographical segments in addition to the Head Office which are: North and South Bank, of which it dervies majority revenue from North Bank.