Al Rashid Industrial Co (SAU:9580) Short-Term Debt & Capital Lease Obligation : ﷼13.5 Mil (As of Dec. 2022)

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What is Al Rashid Industrial Co 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. Al Rashid Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ﷼13.5 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Al Rashid Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ﷼1.8 Mil.

Al Rashid Industrial Co Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Al Rashid Industrial Co'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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Al Rashid Industrial Co Short-Term Debt & Capital Lease Obligation Chart

Al Rashid Industrial Co Annual Data

Trend

Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

13.49

13.39

Al Rashid Industrial Co Quarterly Data
	Dec22	Dec23
Short-Term Debt & Capital Lease Obligation	13.49	13.39

Al Rashid Industrial Co 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

Al Rashid Industrial Co Short-Term Debt & Capital Lease Obligation Related Terms

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Al Rashid Industrial Co (SAU:9580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Al Rashid Industrial Co (SAU:9580) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Industrial City, 7960, Riyadh, SAU, 143322

Website

https://www.lastmade.com

Al Rashid Industrial Co is a company engaged in the production of many plastic products through drawing, injection, thermoforming and blowing techniques. All of these lines serve multiple commercial sectors, including food packaging and household appliances, date packaging, sweets and pastries, as well as single-use food containers.

Al Rashid Industrial Co (SAU:9580) Headlines

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