McMillan Shakespeare (ASX:MMS) Short-Term Debt & Capital Lease Obligation : A$5.7 Mil (As of Dec. 2024)

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What is McMillan Shakespeare 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. McMillan Shakespeare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$5.7 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. McMillan Shakespeare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$664.7 Mil.

McMillan Shakespeare Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for McMillan Shakespeare'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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McMillan Shakespeare Short-Term Debt & Capital Lease Obligation Chart

McMillan Shakespeare Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Short-Term Debt & Capital Lease Obligation

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18.23

25.49

20.06

8.93

7.79

McMillan Shakespeare Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															14.24	8.93	7.62	7.79	5.66

McMillan Shakespeare 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

McMillan Shakespeare Short-Term Debt & Capital Lease Obligation Related Terms

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McMillan Shakespeare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » McMillan Shakespeare Ltd (ASX:MMS) » Definitions » Short-Term Debt & Capital Lease Obligation

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Traded in Other Exchanges

NMN:Germany

Address

360 Elizabeth Street, Level 21, The Tower, Melbourne Central, Melbourne, VIC, AUS, 3000

Website

https://www.mmsg.com.au

McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia's salary packaging market together with Smartgroup (also covered by Morningstar), and is also a large provider of novated leasing services by volumes—together with Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group's revenue is generated from the group remuneration services segment.