Verizon Communications (XKAZ:VZ_KZ) Short-Term Capital Lease Obligation : $4,282 Mil (As of Mar. 2024)

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What is Verizon Communications Short-Term Capital Lease Obligation?

Verizon Communications's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4,282 Mil.

Verizon Communications's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 ($3,906 Mil) to Dec. 2023 ($4,266 Mil) and increased from Dec. 2023 ($4,266 Mil) to Mar. 2024 ($4,282 Mil).

Verizon Communications's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($3,859 Mil) to Dec. 2022 ($4,134 Mil) and increased from Dec. 2022 ($4,134 Mil) to Dec. 2023 ($4,266 Mil).

Verizon Communications Short-Term Capital Lease Obligation Historical Data

The historical data trend for Verizon Communications'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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Verizon Communications Short-Term Capital Lease Obligation Chart

Verizon Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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3,261.00

3,485.00

3,859.00

4,134.00

4,266.00

Verizon Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															4,177.00	4,211.00	3,906.00	4,266.00	4,282.00

Verizon Communications 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.

Verizon Communications Short-Term Capital Lease Obligation Related Terms

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Verizon Communications (XKAZ:VZ_KZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Verizon Communications Inc (XKAZ:VZ_KZ) » Definitions » Short-Term Capital Lease Obligation

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Address

1095 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.verizon.com

Verizon Communications is primarily a wireless business (it provides about 70% of service revenue and nearly all operating income). It serves about 92 million postpaid and 22 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 25 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.

Verizon Communications (XKAZ:VZ_KZ) Headlines

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