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Airtasker (ASX:ART) Short-Term Debt & Capital Lease Obligation : A$1.03 Mil (As of Dec. 2023)


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What is Airtasker Short-Term Debt & Capital Lease Obligation?

Short-Term Debt & Capital Lease Obligation is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Airtasker's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.03 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Airtasker's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$2.13 Mil.


Airtasker Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Airtasker's Short-Term Debt & 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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Airtasker Short-Term Debt & Capital Lease Obligation Chart

Airtasker Annual Data
Trend Jun21 Jun22 Jun23
Short-Term Debt & Capital Lease Obligation
0.42 0.58 0.99

Airtasker Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Short-Term Debt & Capital Lease Obligation Get a 7-Day Free Trial 0.20 0.58 1.10 0.99 1.03

Airtasker Short-Term Debt & Capital Lease Obligation Calculation

This is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Airtasker Short-Term Debt & Capital Lease Obligation Related Terms

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Airtasker (ASX:ART) Business Description

Industry
Traded in Other Exchanges
N/A
Address
24-28 Campbell Street, Level 6, Haymarket, NSW, AUS, 2000
Airtasker Ltd is a community platform that connects people who need to outsource tasks and find local services, with people who are looking to earn money and ready to work. It helps to complete home cleaning, handyman jobs, admin work, photography, graphic design or even build a website. The company generates revenue from service fees and stored value brokerage.

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