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BMBN (Benchmark Bankshares) Short-Term Debt & Capital Lease Obligation : $0.00 Mil (As of Jun. 2024)


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What is Benchmark Bankshares 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. Benchmark Bankshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Benchmark Bankshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1.41 Mil.


Benchmark Bankshares Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Benchmark Bankshares'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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Benchmark Bankshares Short-Term Debt & Capital Lease Obligation Chart

Benchmark Bankshares Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec18 Dec19 Dec20 Dec21 Dec22
Short-Term Debt & Capital Lease Obligation
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Benchmark Bankshares Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
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Benchmark Bankshares 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


Benchmark Bankshares Short-Term Debt & Capital Lease Obligation Related Terms

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Benchmark Bankshares Business Description

Industry
Traded in Other Exchanges
N/A
Address
100 South Broad Street, P.O. Box 569, Kenbridge, VA, USA, 23944
Benchmark Bankshares Inc is a bank holding company for Benchmark Community Bank, which offers a wide range of banking and related financial services to individuals and small to medium-sized businesses through offices located in Virginia and North Carolina. The bank provides personal accounts services, business accounts services, loan products, internet banking services, mobile banking services, debit cards, money management services, mortgage services, credit card facilities, and other services.

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