CTS (CTS) Short-Term Debt & Capital Lease Obligation : $4.4 Mil (As of Dec. 2023)

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What is CTS 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. CTS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.4 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. CTS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $92.5 Mil.

CTS Short-Term Debt & Capital Lease Obligation Historical Data

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

CTS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

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2.79

3.29

3.39

3.94

4.39

CTS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															3.94	4.03	4.29	4.44	4.39

CTS 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

CTS Short-Term Debt & Capital Lease Obligation Related Terms

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CTS (CTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CTS Corp (NYSE:CTS) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

XT1:Germany

Address

4925 Indiana Avenue, Lisle, IL, USA, 60532

Website

https://www.ctscorp.com

CTS Corp operates in the electronics industry. The company is a global manufacturer of Sensors, Electronic components, and Actuators. It designs, manufactures, and sells a broad line of sensors, electronic components, and actuators mainly to original equipment manufacturers (OEM) for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. Geographically, it derives a majority of its revenue from the United States and also has a presence in China; Singapore; the Czech Republic; Taiwan and other countries.

Executives

Randy Lee Stone	director	974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Kieran M O'sullivan	director, officer: President & CEO	2375 CABOT DRIVE, LISLE IL 60532
Martin Baumeister	officer: Senior Vice President	4925 INDIANA AVENUE, LISLE IL 60532
Michael Edward Murray	officer: Senior Vice President	4925 INDIANA AVENUE, LISLE IL 60532
Ye Jane Li	director	200 FLYNN ROAD, CAMARILLO CA 93012-8790
Ashish Agrawal	officer: CFO	2375 CABOT DRIVE, LISLE IL 60525
Thomas Michael White	officer: Controller and PAO	4925 INDIANA AVENUE, LISLE IL 60532
Scott D'angelo	officer: VP & Secretary	4925 INDIANA AVENUE, LISLE IL 60532
Donna Costello	director	17 STEWART COURT, WESTWOOD NJ 07675
Alfonso G Zulueta	director	4925 INDIANA AVE, LISLE IL 60532
Gordon Hunter	director	25950 ELENA RD, LOS ALTOS HILLS CA 94022
Diana M Murphy	director	C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
William S Johnson	director	C/O CABOT MICROELECTRONICS, 870 N. COMMONS DR, AURORA IL 60504
Luis Francisco Machado	officer: VP, General Counsel & Sec.	1142 W. BEARDSLEY AVENUE, ELKHART IN 46514
Rajeeb K Nath	officer: Vice President	1142 WEST BEARDSLEY AVENUE, ELKHART IN 46514