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REE (REE Automotive) Short-Term Capital Lease Obligation : $2.41 Mil (As of Mar. 2024)


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What is REE Automotive Short-Term Capital Lease Obligation?

REE Automotive's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.41 Mil.

REE Automotive's quarterly Short-Term Capital Lease Obligation declined from Sep. 2023 ($2.67 Mil) to Dec. 2023 ($2.41 Mil) and declined from Dec. 2023 ($2.41 Mil) to Mar. 2024 ($2.41 Mil).

REE Automotive's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($2.75 Mil) but then declined from Dec. 2022 ($2.75 Mil) to Dec. 2023 ($2.41 Mil).

REE Automotive Short-Term Capital Lease Obligation Historical Data

The historical data trend for REE Automotive'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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REE Automotive Short-Term Capital Lease Obligation Chart

REE Automotive Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Short-Term Capital Lease Obligation
- - - 2.75 2.41

REE Automotive Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 2.59 2.67 2.41 2.41

REE Automotive 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.

REE Automotive Short-Term Capital Lease Obligation Related Terms

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REE Automotive Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » REE Automotive Ltd (NAS:REE) » Definitions » Short-Term Capital Lease Obligation
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Traded in Other Exchanges
N/A
Address
Kibbutz Glil-Yam, Herzliya, ISR, 4690500
Website
https://www.ree.auto
REE Automotive Ltd is a technology company whose mission is to be the cornerstone for zero-emission electric and autonomous vehicles. Company aims to empower the companies, such as original equipment manufacturers, or OEMs, delivery and logistics fleets, dealers, e-commerce retailers, new mobility players, Mobility-as-a-Service providers and autonomous drive companies, in the build-out of any size or shape of electric or autonomous vehicle - from Class 1 through Class 6, focusing primarily on Class 3 through 5 platform models on the P7 EV platform. Geographical preference in Israel, Germany, Norway, U.S, and Rest of the world.
Executives
David Weisburd other: Member of Sponsor 1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Hans Thomas director 1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007