CTT-Correios de Portugal (CTT-Correios de Portugal) Short-Term Capital Lease Obligation : $29 Mil (As of Mar. 2024)

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What is CTT-Correios de Portugal Short-Term Capital Lease Obligation?

CTT-Correios de Portugal's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $29 Mil.

CTT-Correios de Portugal's quarterly Short-Term Capital Lease Obligation declined from Sep. 2023 ($30 Mil) to Dec. 2023 ($28 Mil) but then increased from Dec. 2023 ($28 Mil) to Mar. 2024 ($29 Mil).

CTT-Correios de Portugal's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($32 Mil) to Dec. 2022 ($32 Mil) but then declined from Dec. 2022 ($32 Mil) to Dec. 2023 ($28 Mil).

CTT-Correios de Portugal Short-Term Capital Lease Obligation Historical Data

The historical data trend for CTT-Correios de Portugal'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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CTT-Correios de Portugal Short-Term Capital Lease Obligation Chart

CTT-Correios de Portugal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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18.96

31.60

31.77

32.19

27.83

CTT-Correios de Portugal 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															31.04	30.41	29.53	27.83	29.25

CTT-Correios de Portugal 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.

CTT-Correios de Portugal Short-Term Capital Lease Obligation Related Terms

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CTT-Correios de Portugal (CTT-Correios de Portugal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CTT-Correios de Portugal SA (OTCPK:CTTOF) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CTT:Portugal 0QIM:UK C7T:Germany

Address

Avenida dos Combatentes 43, No.1643-0011, 4th Floor, Lisbon, PRT, 1999-001

Website

https://www.ctt.pt

CTT-Correios de Portugal SA is a logistics company domiciled in Portugal. The company organizes itself into four segments: mail, express and parcels, financial services, and bank. The mail segment, which generates a vast majority of the company's revenue, provides mail postal services to business customers, distribution of advertising materials, and postal communication solutions, among others. Express and parcels, the next largest segment, provides parcel postal and courier services. The company provides financial services such as payment processing and retail banking through both the financial services segment and the bank segment. The company earns most of its revenue domestically.