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Shandong Longda Meishi Co (SZSE:002726) Short-Term Debt & Capital Lease Obligation : ¥1,808 Mil (As of Mar. 2024)


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What is Shandong Longda Meishi 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. Shandong Longda Meishi Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,808 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Shandong Longda Meishi Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,280 Mil.


Shandong Longda Meishi Co Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Shandong Longda Meishi 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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Shandong Longda Meishi Co Short-Term Debt & Capital Lease Obligation Chart

Shandong Longda Meishi 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 1,825.34 1,939.12 2,079.49 1,660.52 2,034.20

Shandong Longda Meishi 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 1,569.82 1,468.27 1,592.56 2,034.20 1,807.78

Shandong Longda Meishi 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


Shandong Longda Meishi Co Short-Term Debt & Capital Lease Obligation Related Terms

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Shandong Longda Meishi Co (SZSE:002726) Business Description

Traded in Other Exchanges
N/A
Address
Food Industrial Park, Shandong Province, Laiyang, CHN, 265200
Shandong Longda Meishi Co Ltd is a Chinese company operating in the meat processing industry. It activities include pig breeding, feed production, pig breeding, slaughtering and cutting, and cooked food processing. The company's product portfolio comprises fresh frozen pork, low-temperature meat products, bulk sauce and halogen foods, among others.
Executives
Tao Hong Yong Executives
Xu Wei Secretary Dong
Sui Shu An Supervisors
Zhao Fang Sheng Directors, executives
Wang Xu Hui Supervisors
Gong Ming Jie Director
Ji Peng Bin Secretary Dong
Guo Yan Liang Independent director

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