Schmitt Industries (STU:SI1A) Short-Term Capital Lease Obligation : €1.39 Mil (As of May. 2022)

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What is Schmitt Industries Short-Term Capital Lease Obligation?

Schmitt Industries's Short-Term Capital Lease Obligation for the quarter that ended in May. 2022 was €1.39 Mil.

Schmitt Industries's quarterly Short-Term Capital Lease Obligation increased from Nov. 2021 (€1.07 Mil) to Feb. 2022 (€1.25 Mil) and increased from Feb. 2022 (€1.25 Mil) to May. 2022 (€1.39 Mil).

Schmitt Industries's annual Short-Term Capital Lease Obligation increased from May. 2020 (€0.00 Mil) to May. 2021 (€0.86 Mil) and increased from May. 2021 (€0.86 Mil) to May. 2022 (€1.39 Mil).

Schmitt Industries Short-Term Capital Lease Obligation Historical Data

The historical data trend for Schmitt Industries'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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Schmitt Industries Short-Term Capital Lease Obligation Chart

Schmitt Industries Annual Data

Trend

May13

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May15

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May22

Short-Term Capital Lease Obligation

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0.86

1.39

Schmitt Industries Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.86	0.69	1.07	1.25	1.39

Schmitt Industries 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.

Schmitt Industries Short-Term Capital Lease Obligation Related Terms

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Schmitt Industries (STU:SI1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Schmitt Industries Inc (STU:SI1A) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

2765 North West Nicolai Street, Portland, OR, USA, 97210

Website

https://www.schmittindustries.com

Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. Xact product line includes satellite-focused remote tank monitoring products and related monitoring services for markets in the IoT environment. The Company also manufactures, wholesales, and retails ice cream and related products.

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