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Cummins (BSP:C1MI34) Short-Term Capital Lease Obligation : R$676 Mil (As of Dec. 2023)


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What is Cummins Short-Term Capital Lease Obligation?

Cummins's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$676 Mil.

Cummins's quarterly Short-Term Capital Lease Obligation increased from Jun. 2023 (R$655 Mil) to Sep. 2023 (R$657 Mil) and increased from Sep. 2023 (R$657 Mil) to Dec. 2023 (R$676 Mil).

Cummins's annual Short-Term Capital Lease Obligation declined from Dec. 2021 (R$724 Mil) to Dec. 2022 (R$692 Mil) and declined from Dec. 2022 (R$692 Mil) to Dec. 2023 (R$676 Mil).


Cummins Short-Term Capital Lease Obligation Historical Data

The historical data trend for Cummins's Short-Term 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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Cummins Short-Term Capital Lease Obligation Chart

Cummins Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Short-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 537.69 658.52 723.83 692.39 676.17

Cummins Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Short-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 692.39 692.74 655.25 656.85 676.17

Cummins Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.


Cummins Short-Term Capital Lease Obligation Related Terms

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Cummins (BSP:C1MI34) Business Description

Industry
Traded in Other Exchanges
Address
500 Jackson Street, Box 3005, Columbus, IN, USA, 47202-3005
Cummins is the top manufacturer of diesel engines used in commercial trucks, off-highway equipment, and railroad locomotives, in addition to standby and prime power generators. The company also sells powertrain components, which include transmissions, turbochargers, aftertreatment systems, and fuel systems. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers, who make and aggressively market their own engines. Despite robust competition across all its segments and increasing government regulation of carbon emissions, Cummins has maintained its leadership position in the industry.

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