GURUFOCUS.COM » STOCK LIST » Canada » TSXV » Canadian North Resources Inc (TSXV:CNRI) » Definitions » Short-Term Debt & Capital Lease Obligation
Switch to:

Canadian North Resources (TSXV:CNRI) Short-Term Debt & Capital Lease Obligation

: C$0.93 Mil (As of Sep. 2023)
View and export this data going back to 2022. 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. Canadian North Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.93 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Canadian North Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$1.21 Mil.


Canadian North Resources Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Canadian North Resources'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.

Canadian North Resources Annual Data
Trend Dec20 Dec21 Dec22
Short-Term Debt & Capital Lease Obligation
- - -

Canadian North Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Short-Term Debt & Capital Lease Obligation Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.80 0.93

Canadian North Resources 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


Canadian North Resources Short-Term Debt & Capital Lease Obligation Related Terms

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


Canadian North Resources (TSXV:CNRI) Business Description

Industry
Traded in Other Exchanges
Address
299 Courtneypark Dr. E, 3rd Floor, Mississauga, ON, CAN
Canadian North Resources Inc is a Canadian mining exploration and development company that owns an interest in the Ferguson Lake mining property in the Kivalliq Region of Nunavut, Canada.

Canadian North Resources (TSXV:CNRI) Headlines

No Headlines