Mercedes-Benz Group AG (Mercedes-Benz Group AG) Short-Term Capital Lease Obligation : $494 Mil (As of Dec. 2023)

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What is Mercedes-Benz Group AG Short-Term Capital Lease Obligation?

Mercedes-Benz Group AG's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $494 Mil.

Mercedes-Benz Group AG's quarterly Short-Term Capital Lease Obligation declined from Jun. 2023 ($518 Mil) to Sep. 2023 ($502 Mil) and declined from Sep. 2023 ($502 Mil) to Dec. 2023 ($494 Mil).

Mercedes-Benz Group AG's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($560 Mil) to Dec. 2022 ($633 Mil) but then declined from Dec. 2022 ($633 Mil) to Dec. 2023 ($494 Mil).

Mercedes-Benz Group AG Short-Term Capital Lease Obligation Historical Data

The historical data trend for Mercedes-Benz Group AG'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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Mercedes-Benz Group AG Short-Term Capital Lease Obligation Chart

Mercedes-Benz Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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781.11

824.82

560.45

633.48

494.00

Mercedes-Benz Group AG 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															633.48	640.26	517.88	501.60	494.00

Mercedes-Benz Group AG 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.

Mercedes-Benz Group AG Short-Term Capital Lease Obligation Related Terms

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Mercedes-Benz Group AG (Mercedes-Benz Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mercedes-Benz Group AG (OTCPK:MBGAF) » Definitions » Short-Term Capital Lease Obligation

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Traded in Other Exchanges

MBGYY:USA DAI:Romania MBG:Mexico DAIMLER:Hungary MBGd:UK 0NXX:UK MBG:Germany MBG:Austria

Address

Mercedesstrasse 120, Stuttgart, BW, DEU, 70372

Website

https://www.daimler.com

Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).

Executives