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Model Performance Acquisition (Model Performance Acquisition) Short-Term Debt & Capital Lease Obligation : $2.69 Mil (As of Sep. 2022)


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What is Model Performance Acquisition 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. Model Performance Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $2.69 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Model Performance Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil.

Model Performance Acquisition Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Model Performance Acquisition'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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Model Performance Acquisition Short-Term Debt & Capital Lease Obligation Chart

Model Performance Acquisition Annual Data
Trend Dec21
Short-Term Debt & Capital Lease Obligation
-

Model Performance Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Short-Term Debt & Capital Lease Obligation Get a 7-Day Free Trial - - - 2.46 2.69

Model Performance Acquisition 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

Model Performance Acquisition Short-Term Debt & Capital Lease Obligation Related Terms

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Model Performance Acquisition (Model Performance Acquisition) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Model Performance Acquisition Corp (NAS:MPAC) » Definitions » Short-Term Debt & Capital Lease Obligation
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Traded in Other Exchanges
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Address
2 Queens Road Central, 58 Floor, Unit 5801, Cheung Kong Center, Hong Kong, HKG
Website
Model Performance Acquisition Corp is a newly incorporated blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.