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Kingnet Network Co (SZSE:002517) Short-Term Debt & Capital Lease Obligation : ¥10 Mil (As of Mar. 2024)


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What is Kingnet Network 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. Kingnet Network Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Kingnet Network Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3 Mil.


Kingnet Network Co Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Kingnet Network 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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Kingnet Network Co Short-Term Debt & Capital Lease Obligation Chart

Kingnet Network Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Short-Term Debt & Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.76 10.95 21.54 12.09

Kingnet Network Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Short-Term Debt & Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.93 18.17 14.50 12.09 9.63

Kingnet Network 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


Kingnet Network Co Short-Term Debt & Capital Lease Obligation Related Terms

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Kingnet Network Co (SZSE:002517) Business Description

Traded in Other Exchanges
N/A
Address
No. 2388, Chenhang Highway, Building 3, Pujiang High-tech Plaza, Minhang District, Shanghai, CHN, 201114
Kingnet Network Co Ltd is a Chinese-based online game company. The company's main business covers research and development as well as the operation and publishing of quality entertainment content, including mobile games, web games, and PC games. It also engages in the operation of web game platforms and mobile app distribution platforms.
Executives
Jin Feng Director
Qian Jun Fa Directors, executives
Lin Bin Executives
Tang Yue Executives
Shen Jun Directors, executives
Zhao Fan Directors, executives
Huang Zhen Feng Executives
Liu Hong Lin Secretary Dong
Shen Liang Directors, executives
Chen Yong Cong Directors, executives
Fan Bo Executives
Qin Wei Supervisors
Ning Bing Yang Executives
Wang Yue Directors, executives
Feng Xian Chao Directors, executives

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