Emirates Driving Co PJSC (ADX:DRIVE) Short-Term Capital Lease Obligation : د.إ3.7 Mil (As of Sep. 2023)

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What is Emirates Driving Co PJSC Short-Term Capital Lease Obligation?

Emirates Driving Co PJSC's Short-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was د.إ3.7 Mil.

Emirates Driving Co PJSC's quarterly Short-Term Capital Lease Obligation stayed the same from Mar. 2023 (د.إ3.2 Mil) to Jun. 2023 (د.إ3.2 Mil) but then increased from Jun. 2023 (د.إ3.2 Mil) to Sep. 2023 (د.إ3.7 Mil).

Emirates Driving Co PJSC's annual Short-Term Capital Lease Obligation stayed the same from Dec. 2020 (د.إ3.2 Mil) to Dec. 2021 (د.إ3.2 Mil) and stayed the same from Dec. 2021 (د.إ3.2 Mil) to Dec. 2022 (د.إ3.2 Mil).

Emirates Driving Co PJSC Short-Term Capital Lease Obligation Historical Data

The historical data trend for Emirates Driving Co PJSC'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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Emirates Driving Co PJSC Short-Term Capital Lease Obligation Chart

Emirates Driving Co PJSC Annual Data

Trend

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Dec22

Short-Term Capital Lease Obligation

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0.66

3.15

Emirates Driving Co PJSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															3.15	3.15	3.15	3.15	3.66

Emirates Driving Co PJSC 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.

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Emirates Driving Co PJSC (ADX:DRIVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Emirates Driving Co PJSC (ADX:DRIVE) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street no. 17 Mussaffah Industrial Area, Abu Dhabi, ARE

Website

https://www.edcad.ae

Emirates Driving Co PJSC is the driver's training and road safety institute in Abu Dhabi. The company and its subsidiaries are engaged in the management and development of motor vehicle driving training and services. The company offers these services to the national and expatriates living in the country. The firm generates its revenue from training and testing services.

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