Avant Brands (TSX:AVNT) Short-Term Capital Lease Obligation : C$1.22 Mil (As of May. 2024)

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What is Avant Brands Short-Term Capital Lease Obligation?

Avant Brands's Short-Term Capital Lease Obligation for the quarter that ended in May. 2024 was C$1.22 Mil.

Avant Brands's quarterly Short-Term Capital Lease Obligation increased from Nov. 2023 (C$1.28 Mil) to Feb. 2024 (C$1.40 Mil) but then declined from Feb. 2024 (C$1.40 Mil) to May. 2024 (C$1.22 Mil).

Avant Brands's annual Short-Term Capital Lease Obligation increased from Nov. 2021 (C$0.32 Mil) to Nov. 2022 (C$0.61 Mil) and increased from Nov. 2022 (C$0.61 Mil) to Nov. 2023 (C$1.28 Mil).

Avant Brands Short-Term Capital Lease Obligation Historical Data

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

Avant Brands Annual Data

Trend

Dec14

Dec15

Dec16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Short-Term Capital Lease Obligation

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0.27

0.32

0.61

1.28

Avant Brands Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.71	1.30	1.28	1.40	1.22

Avant Brands 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.

Avant Brands Short-Term Capital Lease Obligation Related Terms

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Avant Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Avant Brands Inc (TSX:AVNT) » Definitions » Short-Term Capital Lease Obligation

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AVTBF:USA 1BU0:Germany

Address

1632 Dickson Avenue, Suite 335, Kelowna, BC, CAN, V1Y 7T2

Website

https://www.avantbrands.ca

Avant Brands Inc is an innovative premium cannabis company. It has multiple licensed and operational production facilities across Canada, which produce high-quality, handcrafted cannabis products for highly desired, and award-winning consumer brands, sold across both recreational and medical channels.

Executives

Norton Singhavon

10% Security Holder, Director, Senior Officer