NewMarket (NewMarket) Short-Term Debt & Capital Lease Obligation

: $15 Mil (As of Dec. 2023)

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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. NewMarket's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. NewMarket's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $719 Mil.

NewMarket Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for NewMarket'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.

* Premium members only.

NewMarket Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

14.04

13.41

365.14

15.57

15.07

NewMarket Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Short-Term Debt & Capital Lease Obligation																15.57	14.95	14.53	13.96	15.07

NewMarket 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

NewMarket Short-Term Debt & Capital Lease Obligation Related Terms

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NewMarket (NewMarket) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » NewMarket Corp (NYSE:NEU) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

UG9:Germany

Address

330 South Fourth Street, Richmond, VA, USA, 23219-4350

Website

https://www.newmarket.com

NewMarket Corp is a holding company that, through its subsidiaries, manufactures and sells petroleum additives. Petroleum additives are used in lubricating oils and fuels to enhance their performance in machinery, vehicles, and other equipment. It comprises two broad product applications. Lubricant additives are formulated chemical solutions that, when blended with base fluids, improve the efficiency, durability, performance, and functionality of mineral oils, synthetic oils, and biodegradable fluids. Fuel additives are chemical components that help oil refiners meet fuel specifications or formulated packages that improve the performance of gasoline, diesel, biofuels, and other fuels. More revenue comes from the United States than any other geographic region.

Executives

Lowell Simmons Ukrop	director	330 SOUTH 4TH ST, RICHMOND VA 23219
James E Rogers	director	1021 EAST CARY STREET, PO BOX 2350, RICHMOND VA 23218-2350
Gail Ridgeway	officer: Controller	330 SOUTH 4TH STREET, RICHMOND VA 23219
Ting Xu	director	330 S 4TH ST, RICHMOND VA 23219
Jewett Bryce Dickinson Iii	officer: VP and General Counsel	330 SOUTH 4TH STREET, RICHMOND VA 23219
Hazelgrove Bruce R Iii	officer: VP - Corporate Resources	330 SOUTH FOURTH STREET, RICHMOND VA 23219
Thomas E Gottwald	director, officer: President & CEO	330 SOUTH FOURTH STREET, RICHMOND VA 23219
Regina A Harm	officer: President Afton Chemical Corp	330 SOUTH FOURTH STREET, RICHMOND VA 23219
Cameron D. Warner	officer: Treasurer	330 SOUTH FOURTH STREET, RICHMOND VA 23219
Robert A. Shama	officer: President Afton Chemical Corp	330 SOUTH FOURTH STREET, RICHMOND VA 23219
Harris H Hiter Iii	director	330 SOUTH FOURTH STREET, RICHMOND VA 23219-4350
Brian D Paliotti	officer: Vice President & CFO	330 SOUTH 4TH STREET, RICHMOND VA 23219
David A Fiorenza	officer: Vice President and Treasurer
William J Skrobacz	officer: Controller	330 SOUTH FOURTH STREET, RICHMOND VA 23219
Patrick D Hanley	director	1000 SEMMES AVE, RICHMOND VA 23224