Saudi Steel Pipe Co (SAU:1320) Short-Term Capital Lease Obligation : ﷼2 Mil (As of Mar. 2024)

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What is Saudi Steel Pipe Co Short-Term Capital Lease Obligation?

Saudi Steel Pipe Co's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼2 Mil.

Saudi Steel Pipe Co's quarterly Short-Term Capital Lease Obligation declined from Sep. 2023 (﷼3 Mil) to Dec. 2023 (﷼2 Mil) and declined from Dec. 2023 (﷼2 Mil) to Mar. 2024 (﷼2 Mil).

Saudi Steel Pipe Co's annual Short-Term Capital Lease Obligation declined from Dec. 2021 (﷼2 Mil) to Dec. 2022 (﷼1 Mil) but then increased from Dec. 2022 (﷼1 Mil) to Dec. 2023 (﷼2 Mil).

Saudi Steel Pipe Co Short-Term Capital Lease Obligation Historical Data

The historical data trend for Saudi Steel Pipe Co'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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Saudi Steel Pipe Co Short-Term Capital Lease Obligation Chart

Saudi Steel Pipe Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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0.63

1.12

1.66

1.07

2.34

Saudi Steel Pipe Co 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															1.17	2.67	2.93	2.34	2.03

Saudi Steel Pipe Co 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.

Saudi Steel Pipe Co Short-Term Capital Lease Obligation Related Terms

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Saudi Steel Pipe Co (SAU:1320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Saudi Steel Pipe Co (SAU:1320) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 11680, Dammam, SAU, 31326

Website

https://www.sspipe.com

Saudi Steel Pipe Co is a Saudi Arabian company engaged in the manufacturing of steel pipes. The group operates in two segments, being the Process equipment segment which includes the design, manufacture, assemble, maintain, and market of heavy process equipment for the utilization of oil and gas, power generation, desalination, mining, solar energy, and off-shore plants, and Steel pipes segment which provides galvanized and non-galvanized steel pipes, square and rectangular pipes used in petroleum, gas, water, and construction sectors. It derives the majority of its revenue from the Steel pipes segment. The company has a market presence with the majority of the revenue generated from Saudi Arabia.

Saudi Steel Pipe Co (SAU:1320) Headlines

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