Eco Innovation Group (Eco Innovation Group) Short-Term Debt & Capital Lease Obligation : $0.59 Mil (As of Sep. 2022)

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What is Eco Innovation Group 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. Eco Innovation Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.59 Mil.

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

Eco Innovation Group Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Eco Innovation Group'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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Eco Innovation Group Short-Term Debt & Capital Lease Obligation Chart

Eco Innovation Group Annual Data

Trend

Dec20

Dec21

Short-Term Debt & Capital Lease Obligation

0.07

0.40

Eco Innovation Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial					0.15	0.40	0.43	0.60	0.59

Eco Innovation Group 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

Eco Innovation Group Short-Term Debt & Capital Lease Obligation Related Terms

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Eco Innovation Group (Eco Innovation Group) Business Description

Industry

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Traded in Other Exchanges

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Address

16525 Sherman Way, Suite C-1, Van Nuys, CA, USA, 91406

Website

https://www.ecoig.com

Eco Innovation Group Inc is a socially responsible and sustainability-focused technology incubator devoted to the commercialization of select intellectual property that has the potential to achieve commercial success.