Embark Technology (Embark Technology) Short-Term Capital Lease Obligation : $2.50 Mil (As of Mar. 2023)

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What is Embark Technology Short-Term Capital Lease Obligation?

Embark Technology's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was $2.50 Mil.

Embark Technology's quarterly Short-Term Capital Lease Obligation declined from Sep. 2022 ($3.25 Mil) to Dec. 2022 ($3.25 Mil) and declined from Dec. 2022 ($3.25 Mil) to Mar. 2023 ($2.50 Mil).

Embark Technology's annual Short-Term Capital Lease Obligation stayed the same from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.00 Mil) but then increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($3.25 Mil).

Embark Technology Short-Term Capital Lease Obligation Historical Data

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

Embark Technology Annual Data

Trend

Dec20

Dec21

Dec22

Short-Term Capital Lease Obligation

3.25

Embark Technology Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial					1.95	2.04	3.25	3.25	2.50

Embark Technology 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.

Embark Technology Short-Term Capital Lease Obligation Related Terms

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Embark Technology (Embark Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Embark Technology Inc (NAS:EMBKW) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

321 Alabama Street, San Francisco, CA, USA, 94110

Website

https://www.embarktrucks.com

Embark Technology Inc is engaged in providing software and associated services that power self-driving trucks. It offers operational savings and collaborates with carriers, truck manufacturers, and tier 1 suppliers. The company's products include Embark Driver, Embark Universal Interface, and Embark Guardian.