ParcelPal Logistics (ParcelPal Logistics) Short-Term Debt & Capital Lease Obligation : $1.27 Mil (As of Sep. 2023)

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What is ParcelPal Logistics 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. ParcelPal Logistics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.27 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. ParcelPal Logistics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil.

ParcelPal Logistics Short-Term Debt & Capital Lease Obligation Historical Data

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

ParcelPal Logistics Annual Data

Trend

Sep13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Short-Term Debt & Capital Lease Obligation

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0.16

0.15

0.69

2.07

1.47

ParcelPal Logistics Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															1.28	1.61	1.47	1.36	1.27

ParcelPal Logistics 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

ParcelPal Logistics Short-Term Debt & Capital Lease Obligation Related Terms

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ParcelPal Logistics (ParcelPal Logistics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ParcelPal Logistics Inc (OTCPK:PTNYF) » Definitions » Short-Term Debt & Capital Lease Obligation

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Traded in Other Exchanges

PT0A:Germany PKG:Canada

Address

422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.parcelpal.com

ParcelPal Logistics Inc is a Canadian-based company that specializes in last-mile delivery service and logistics solutions, providing businesses with a smart, reliable, and affordable delivery service powered by the company's licensed technology platform. It is a customer-driven, courier and logistics company connecting people and businesses through its network of couriers in major Canadian cities including Vancouver, Calgary, and Toronto, and now in the western region of the United States. Some of its verticals include pharmacy & health, meal kit deliveries, retail, groceries, and more.