Rongsheng Petro Chemical Co (SZSE:002493) Short-Term Debt & Capital Lease Obligation

: ¥78,202 Mil (As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

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. Rongsheng Petro Chemical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥78,202 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Rongsheng Petro Chemical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥136,828 Mil.

Rongsheng Petro Chemical Co Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Rongsheng Petro Chemical Co'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.

Rongsheng Petro Chemical Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Short-Term Debt & Capital Lease Obligation

28,807.54

37,124.51

57,025.08

51,247.20

46,830.94

Rongsheng Petro Chemical Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Short-Term Debt & Capital Lease Obligation																51,753.68	46,830.94	61,001.89	61,212.28	78,202.35

Rongsheng Petro Chemical Co 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

Rongsheng Petro Chemical Co Short-Term Debt & Capital Lease Obligation Related Terms

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

Rongsheng Petro Chemical Co (SZSE:002493) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rongsheng Petro Chemical Co Ltd (SZSE:002493) » Definitions » Short-Term Debt & Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No.98, Hongyang Road Yinong Town, Xiaoshan District, Hangzhou, CHN

Website

http://www.cnrspc.com

Rongsheng Petro Chemical Co Ltd operates in the petrochemical industry. The company is specialized in the production and marketing of petrochemical and chemical fiber. Its product portfolio comprises synthetic fibers and films, synthetic raw material, synthetic resins, olefin, aromatics and phenols and oil products.

Rongsheng Petro Chemical Co (SZSE:002493) Headlines

No Headlines