Soltec Power Holdings (XMAD:SOL) Short-Term Debt & Capital Lease Obligation : €99.3 Mil (As of Jun. 2023)

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What is Soltec Power Holdings 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. Soltec Power Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €99.3 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Soltec Power Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €134.6 Mil.

Soltec Power Holdings Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Soltec Power Holdings'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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Soltec Power Holdings Short-Term Debt & Capital Lease Obligation Chart

Soltec Power Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Short-Term Debt & Capital Lease Obligation

82.32

85.89

94.49

98.68

Soltec Power Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial			85.24	94.49	96.11	98.68	99.27

Soltec Power Holdings 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

Soltec Power Holdings Short-Term Debt & Capital Lease Obligation Related Terms

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Soltec Power Holdings (XMAD:SOL) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

0AC5:UK 5PZ:Germany

Address

Gabriel Campillo Street, Poligono Industrial la Serreta s/n, Molina de Segura, Murcia, ESP, 30500

Website

http://www.soltecpowerholdings.com

Soltec Power Holdings SA is specialized in providing integrated solutions in solar PV energy. The company designs, manufactures and installs solar tracking systems and develops solar power projects. Its business is divided into industrial (trackers and construction services) business line, which is also referred to as Soltec Industrial, and project development business line, which is also referred to as Powertis. It offers a portfolio of solar trackers, including the SF8 and SF7 single-axis trackers, the SF8 and SF7 bi-facial trackers and the SF7 Tandem.