Magellan Aerospace (Magellan Aerospace) Short-Term Capital Lease Obligation : $0.0 Mil (As of Mar. 2024)

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What is Magellan Aerospace Short-Term Capital Lease Obligation?

Magellan Aerospace's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil.

Magellan Aerospace's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($3.6 Mil) but then declined from Dec. 2023 ($3.6 Mil) to Mar. 2024 ($0.0 Mil).

Magellan Aerospace's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($4.0 Mil) but then declined from Dec. 2022 ($4.0 Mil) to Dec. 2023 ($3.6 Mil).

Magellan Aerospace Short-Term Capital Lease Obligation Historical Data

The historical data trend for Magellan Aerospace's Short-Term 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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Magellan Aerospace Short-Term Capital Lease Obligation Chart

Magellan Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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4.03

3.59

Magellan Aerospace Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	3.59	-

Magellan Aerospace Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Magellan Aerospace Short-Term Capital Lease Obligation Related Terms

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Magellan Aerospace (Magellan Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Magellan Aerospace Corp (OTCPK:MALJF) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

4M7A:Germany MAL:Canada

Address

3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9

Website

https://www.magellan.aero

Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.