KARO (Karooooo) Short-Term Capital Lease Obligation : $3.7 Mil (As of Aug. 2024)

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What is Karooooo Short-Term Capital Lease Obligation?

Karooooo's Short-Term Capital Lease Obligation for the quarter that ended in Aug. 2024 was $3.7 Mil.

Karooooo's quarterly Short-Term Capital Lease Obligation increased from Feb. 2024 ($3.3 Mil) to May. 2024 ($3.3 Mil) and increased from May. 2024 ($3.3 Mil) to Aug. 2024 ($3.7 Mil).

Karooooo's annual Short-Term Capital Lease Obligation declined from Feb. 2022 ($3.1 Mil) to Feb. 2023 ($3.0 Mil) but then increased from Feb. 2023 ($3.0 Mil) to Feb. 2024 ($3.3 Mil).

Karooooo Short-Term Capital Lease Obligation Historical Data

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

Karooooo Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Short-Term Capital Lease Obligation

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2.99

2.60

3.11

2.95

3.32

Karooooo Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															3.05	3.71	3.32	3.34	3.67

Karooooo 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.

Karooooo Short-Term Capital Lease Obligation Related Terms

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Karooooo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Karooooo Ltd (NAS:KARO) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

KRO:South Africa

Address

1 Harbourfront Avenue, Keppel Bay Tower No. 14-07, Singapore, SGP, 098632

Website

https://www.karooooo.com

Karooooo Ltd is a global provider of real-time mobility data analytics solutions for smart transportation. It offers a comprehensive, cloud-based smart mobility platform for connected vehicles and other assets. The company's software-as-a-service platform provides customers with differentiated insights and analytics to optimize business and workforce, increase efficiency and decrease costs, improve safety, monitor environmental impact, assist with regularity compliance, and manage risk. The segments of the group are Cartrack; Carzuka; and Karooooo Logistics, of which key revenue is derived from the Cartrack segment.