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ArcelorMittal (ArcelorMittal) Short-Term Capital Lease Obligation : $207 Mil (As of Dec. 2023)


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What is ArcelorMittal Short-Term Capital Lease Obligation?

ArcelorMittal's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $207 Mil.

ArcelorMittal's quarterly Short-Term Capital Lease Obligation declined from Jun. 2023 ($189 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($207 Mil).

ArcelorMittal's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($189 Mil) to Dec. 2022 ($228 Mil) but then declined from Dec. 2022 ($228 Mil) to Dec. 2023 ($207 Mil).


ArcelorMittal Short-Term Capital Lease Obligation Historical Data

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

ArcelorMittal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Short-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 261.00 183.00 189.00 228.00 207.00

ArcelorMittal 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 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 Premium Member Only Premium Member Only Premium Member Only 228.00 - 189.00 - 207.00

ArcelorMittal 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.


ArcelorMittal Short-Term Capital Lease Obligation Related Terms

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ArcelorMittal (ArcelorMittal) Business Description

Industry
Address
24-26, Boulevard d’Avranches, Luxembourg, LUX, L-1160
ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA; Brazil; Europe; ACIS; Mining and others. It generates maximum revenue from the Europe segment. Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold primarily to customers in the automotive, general, and packaging sectors as well as also produce long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from Brazil.