Grenke AG (CHIX:GLJD) Short-Term Capital Lease Obligation : €11.5 Mil (As of Sep. 2024)

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What is Grenke AG Short-Term Capital Lease Obligation?

Grenke AG's Short-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was €11.5 Mil.

Grenke AG's quarterly Short-Term Capital Lease Obligation increased from Mar. 2024 (€11.3 Mil) to Jun. 2024 (€11.4 Mil) and increased from Jun. 2024 (€11.4 Mil) to Sep. 2024 (€11.5 Mil).

Grenke AG's annual Short-Term Capital Lease Obligation declined from Dec. 2021 (€11.6 Mil) to Dec. 2022 (€10.4 Mil) but then increased from Dec. 2022 (€10.4 Mil) to Dec. 2023 (€12.0 Mil).

Grenke AG Short-Term Capital Lease Obligation Historical Data

The historical data trend for Grenke 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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Grenke AG Short-Term Capital Lease Obligation Chart

Grenke AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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12.09

11.93

11.61

10.36

12.01

Grenke AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															11.10	12.01	11.27	11.41	11.45

Grenke 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.

Grenke AG Short-Term Capital Lease Obligation Related Terms

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Grenke AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Grenke AG (CHIX:GLJd) » Definitions » Short-Term Capital Lease Obligation

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Traded in Other Exchanges

GKSGF:USA 0R97:UK GLJ:Germany GLJ:Austria

Address

Neuer Markt 2, Baden-Baden, DEU, 76532

Website

https://www.grenke.de

Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include; The Leasing segment which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring. Geographically, the majority of the company's revenue is generated from France and rest from Italy, Germany and other regions.

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