2 Cheap Cars Group (NZSE:2CC) Short-Term Debt : NZ$1.50 Mil (As of Mar. 2024)

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What is 2 Cheap Cars Group Short-Term Debt?

2 Cheap Cars Group's Short-Term Debt for the quarter that ended in Mar. 2024 was NZ$1.50 Mil.

2 Cheap Cars Group's quarterly Short-Term Debt increased from Mar. 2023 (NZ$0.90 Mil) to Sep. 2023 (NZ$1.61 Mil) but then declined from Sep. 2023 (NZ$1.61 Mil) to Mar. 2024 (NZ$1.50 Mil).

2 Cheap Cars Group's annual Short-Term Debt declined from Mar. 2022 (NZ$11.80 Mil) to Mar. 2023 (NZ$0.90 Mil) but then increased from Mar. 2023 (NZ$0.90 Mil) to Mar. 2024 (NZ$1.50 Mil).

2 Cheap Cars Group Short-Term Debt Historical Data

The historical data trend for 2 Cheap Cars Group's Short-Term Debt 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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2 Cheap Cars Group Short-Term Debt Chart

2 Cheap Cars Group Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Short-Term Debt

8.42

11.80

0.90

1.50

2 Cheap Cars Group Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Short-Term Debt	Get a 7-Day Free Trial			11.80	10.60	0.90	1.61	1.50

2 Cheap Cars Group Short-Term Debt Explanation

Short-Term Debt represents the total amount of Long-Term Debt such as bank loans and commercial paper, which is due within one year.

2 Cheap Cars Group Short-Term Debt Related Terms

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2 Cheap Cars Group (NZSE:2CC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » 2 Cheap Cars Group Ltd (NZSE:2CC) » Definitions » Short-Term Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061

Website

https://www.2cheapcars.co.nz

2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The 2 Cheap Cars Group draws revenue from the two divisions: automotive retail division, revenue is primarily from the sale of vehicles and from agent commissions relating to third-party finance and insurance products. NZ Motor Finance (NZMF) generates finance income from lending to customers who are financing vehicles, and from selling guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products.

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