Cornerstone Financial (Cornerstone Financial) Short-Term Debt & Capital Lease Obligation : $5.00 Mil (As of Mar. 2012)

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What is Cornerstone Financial 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. Cornerstone Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2012 was $5.00 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Cornerstone Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2012 was $13.00 Mil.

Cornerstone Financial Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Cornerstone Financial'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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Cornerstone Financial Short-Term Debt & Capital Lease Obligation Chart

Cornerstone Financial Annual Data

Trend

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Dec11

Short-Term Debt & Capital Lease Obligation

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4.67

4.88

5.00

Cornerstone Financial Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															4.93	4.98	5.00	5.00	5.00

Cornerstone Financial 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

Cornerstone Financial Short-Term Debt & Capital Lease Obligation Related Terms

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Cornerstone Financial (Cornerstone Financial) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cornerstone Financial Corp (OTCPK:CFIC) » Definitions » Short-Term Debt & Capital Lease Obligation

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Address

6000 Midlantic Drive, Suite 120S, Mount Laurel, NJ, USA, 08054

Website

http://www.cornerstonebanknj.com

Cornerstone Financial Corp provides a range of lending, deposit, and financial products. It emphasizes commercial real estate and commercial lending to small businesses and professionals. It offers savings, business lending, mobile banking, online banking, and other services.

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