Reddit (Reddit) Short-Term Debt & Capital Lease Obligation : $4.4 Mil (As of Mar. 2024)

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What is Reddit 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. Reddit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.4 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Reddit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $20.8 Mil.

Reddit Short-Term Debt & Capital Lease Obligation Historical Data

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

Reddit Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

6.46

6.85

7.80

3.71

Reddit Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial									7.80	-	3.06	3.71	4.38

Reddit 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

Reddit Short-Term Debt & Capital Lease Obligation Related Terms

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Reddit (Reddit) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Reddit Inc (NYSE:RDDT) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 2nd Street, South Tower, 5th Floor, South Tower, 5th Floor, CA, USA, 94107

Website

https://www.redditinc.com

Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.

Reddit (Reddit) Headlines

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