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Logan energy (TSXV:LGN) Short-Term Debt & Capital Lease Obligation : C$0.10 Mil (As of Mar. 2024)


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What is Logan energy 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. Logan energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.10 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Logan energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.01 Mil.


Logan energy Short-Term Debt & Capital Lease Obligation Historical Data

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

Logan energy Annual Data
Trend Dec22 Dec23
Short-Term Debt & Capital Lease Obligation
0.14 0.14

Logan energy Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Short-Term Debt & Capital Lease Obligation Get a 7-Day Free Trial - 0.16 0.17 0.14 0.10

Logan energy 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


Logan energy Short-Term Debt & Capital Lease Obligation Related Terms

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Logan energy (TSXV:LGN) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Logan energy corp (TSXV:LGN) » Definitions » Short-Term Debt & Capital Lease Obligation
Traded in Other Exchanges
Address
308 - 4 Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 3C4
Logan energy corp is a growth-oriented exploration, development and production company. It is founded with strong initial capitalization and three high-quality and opportunity-rich Montney assets located in the Simonette and Pouce Coupe areas of northwest Alberta and the Flatrock area of northeastern British Columbia. The company carries on the exploration,development and production of oil and natural gas.

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