MPLXP.PFD (MPLX LP) Short-Term Debt & Capital Lease Obligation : $3,133.00 Mil (As of Jun. 2024)

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What is MPLX LP 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. MPLX LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $3,133.00 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. MPLX LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $19,695.00 Mil.

MPLX LP Short-Term Debt & Capital Lease Obligation Historical Data

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

MPLX LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

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Dec23

Short-Term Debt & Capital Lease Obligation

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76.00

828.00

559.00

1,035.00

1,181.00

MPLX LP Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															305.00	362.00	1,181.00	1,951.00	3,133.00

MPLX LP 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

MPLX LP Short-Term Debt & Capital Lease Obligation Related Terms

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MPLX LP Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MPLX LP (OTCPK:MPLXP.PFD) » Definitions » Short-Term Debt & Capital Lease Obligation

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MPLX:USA

Address

200 East Hardin Street, Findlay, OH, USA, 45840-3229

Website

https://www.mplx.com

MPLX is a partnership that owns both pipelines and gathering and processing assets with extensive holdings in the Appalachian region. The asset base is made up of pipeline assets dropped down from Marathon Petroleum, its sponsor, and gathering and processing assets from MarkWest, which it acquired in 2015. MPLX also acquired Andeavor Logistics in July 2019.