Cathedral Energy Services (Cathedral Energy Services) Short-Term Capital Lease Obligation : $2.6 Mil (As of Dec. 2023)

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What is Cathedral Energy Services Short-Term Capital Lease Obligation?

Cathedral Energy Services's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.6 Mil.

Cathedral Energy Services's quarterly Short-Term Capital Lease Obligation increased from Jun. 2023 ($2.4 Mil) to Sep. 2023 ($2.5 Mil) and increased from Sep. 2023 ($2.5 Mil) to Dec. 2023 ($2.6 Mil).

Cathedral Energy Services's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($1.7 Mil) to Dec. 2022 ($2.7 Mil) but then declined from Dec. 2022 ($2.7 Mil) to Dec. 2023 ($2.6 Mil).

Cathedral Energy Services Short-Term Capital Lease Obligation Historical Data

The historical data trend for Cathedral Energy Services'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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Cathedral Energy Services Short-Term Capital Lease Obligation Chart

Cathedral Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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1.63

1.75

1.66

2.67

2.57

Cathedral Energy Services 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															2.67	2.32	2.43	2.53	2.57

Cathedral Energy Services 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.

Cathedral Energy Services Short-Term Capital Lease Obligation Related Terms

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Cathedral Energy Services (Cathedral Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cathedral Energy Services Ltd (OTCPK:CETEF) » Definitions » Short-Term Capital Lease Obligation

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Traded in Other Exchanges

CET:Canada

Address

6030 - 3rd Street S.E., Calgary, AB, CAN, T2H 1K2

Website

https://www.cathedralenergyservices.com

Cathedral Energy Services Ltd is a Canadian-based company that is involved and engaged in the business of providing directional drilling services to oil and natural gas companies in western Canada and the United States. The Directional Drilling division provides horizontal, directional, and underbalanced drilling services. Geographically the company caters its services to Canada and the United States, of which a majority of the revenue is derived from United States.