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Hallmark Financial Services (Hallmark Financial Services) Short-Term Debt & Capital Lease Obligation : $0.0 Mil (As of Sep. 2023)


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What is Hallmark Financial Services 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. Hallmark Financial Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.0 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Hallmark Financial Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $105.5 Mil.


Hallmark Financial Services Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Hallmark Financial Services'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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Hallmark Financial Services Short-Term Debt & Capital Lease Obligation Chart

Hallmark Financial Services Annual Data
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Short-Term Debt & Capital Lease Obligation
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Hallmark Financial Services Quarterly Data
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Hallmark Financial Services 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


Hallmark Financial Services Short-Term Debt & Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Hallmark Financial Services's Short-Term Debt & Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Hallmark Financial Services (Hallmark Financial Services) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5420 Lyndon B. Johnson Freeway, Suite 1100, Two Lincoln Centre, Dallas, TX, USA, 75240
Hallmark Financial Services Inc is an insurance holding company, which is engaged in the sale of property/casualty insurance products to businesses and individuals. Its business involves marketing, distributing, underwriting, and servicing insurance products, as well as providing other insurance-related services. The company operates in segments such as Standard Commercial Segment, Specialty Commercial Segment, and Personal Segment. Geographically, it operates through the region of United States and derives a majority of its revenue from Specialty Commercial Segment, which includes Commercial Auto business unit, E&S Casualty business unit, E&S Property business unit, Professional Liability business unit, and Aerospace & Programs business unit.
Executives
Doug Slape director 5420 LYNDON B JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Christopher James Kenney officer: Chief Accounting Officer 5420 LYNDON B JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240-2345
Naveen Anand officer: President & CEO 777 MAIN STREET, SUITE 1000, FORT WORTH TX 76102
Scott T Berlin director 14651 DALLAS PARKWAY STE 900, DALLAS TX 75254
James H Graves director ERWIN GRAVES & ASSOCIATES, 2100 MCKINNEY AVE STE 900, DALLAS TX 75205
Jeffrey R Passmore officer: CHIEF ACCOUNTING OFFICER 777 MAIN STREET, SUITE 1000, FORT WORTH TX 76102
Mark E Pape director 12050 MEADOW LAKE DRIVE, ARGYLE TX 76226
Kevin Kasitz officer: PRESIDENT OF SUBSIDIARY
Mark E Schwarz director, 10 percent owner, officer: C.E.O. & CHAIRMAN 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Mark J Morrison officer: CHIEF FINANCIAL OFFICER 777 W MAIN STREET, SUITE 1000, FORT WORTH TX 76102
Ncm Services, Inc. 10 percent owner 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Schwarz 2012 Family Trust 10 percent owner 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Detroit Stoker Co other: See Explanation 1510 E. FIRST ST., MONROE MI 48161
Jim W Henderson director
Newcastle Special Opportunity Fund I, L.p. other: see attached explanation 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201

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