PowerBand Solutions (TSXV:PBX) Short-Term Debt & Capital Lease Obligation

: C$3.18 Mil (As of Sep. 2023)

View and export this data going back to 2013. 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. PowerBand Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$3.18 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. PowerBand Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$2.32 Mil.

PowerBand Solutions Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for PowerBand Solutions'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.

PowerBand Solutions Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Dec18

Dec19

Dec20

Dec21

Dec22

Short-Term Debt & Capital Lease Obligation

Get a 7-Day Free Trial

0.02

2.04

1.48

2.92

2.41

PowerBand Solutions 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	Get a 7-Day Free Trial															0.82	2.41	2.45	-	3.18

PowerBand Solutions 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

PowerBand Solutions Short-Term Debt & Capital Lease Obligation Related Terms

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

PowerBand Solutions (TSXV:PBX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PowerBand Solutions Inc (TSXV:PBX) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

PWWBF:USA

Address

3385 Harvester Road, Suite 225, Burlington, ON, CAN, L7N 3N2

Website

https://www.powerbandsolutions.com

PowerBand Solutions Inc is a technology provider. It has developed a powerful suite of cloud-based transaction platforms to buy, sell, trade, finance and lease new and used vehicles, which includes real time appraisal services, market information and financing solutions. The company provides various solutions such as LiveNet, Marketplace Auction, Dynamic Appraisal, and Market Intelligence. The LiveNet Auction Portal allows Dealers to create an instant, online auction that launches a used vehicle to a vast network of the industry's top used vehicle buyers. Appraisal System is customizable to meet the respective compliance requirements.

PowerBand Solutions (TSXV:PBX) Headlines

No Headlines