Weir Group (LSE:WEIR) Short-Term Debt & Capital Lease Obligation : £286 Mil (As of Dec. 2023)

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What is Weir 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. Weir Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £286 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Weir Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1,111 Mil.

Weir Group Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Weir 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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Weir Group Short-Term Debt & Capital Lease Obligation Chart

Weir Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

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534.10

26.50

523.90

406.30

286.20

Weir Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															523.90	323.60	406.30	259.30	286.20

Weir 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

Weir Group Short-Term Debt & Capital Lease Obligation Related Terms

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Weir Group (LSE:WEIR) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weir Group PLC (LSE:WEIR) » Definitions » Short-Term Debt & Capital Lease Obligation

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WEIGF:USA WEGRY:USA WEIRl:UK

Address

1 West Regent Street, Glasgow, GBR, G2 1RW

Website

https://www.global.weir

Weir Group PLC manufactures equipment for minerals and other industrial end markets. The company's operating segment includes Minerals and ESCO. The Minerals segment is into engineering, manufacturing and service processing technology used in abrasive, high-wear mining applications. It is also used in infrastructure and general industrial markets. The ESCO segment is into the provision of Ground Engaging Tools (G.E.T.) for large mining machines. It operates predominantly in mining and infrastructure markets where its technology improves productivity through extended wear life, increased safety and reduced energy consumption. The company generates maximum revenue from the Minerals segment. Geographically, the company derives a majority of its revenue from South America.

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