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CMEIF (China MeiDong Auto Holdings) Short-Term Debt & Capital Lease Obligation : $393 Mil (As of Jun. 2024)


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What is China MeiDong Auto Holdings 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. China MeiDong Auto Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $393 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. China MeiDong Auto Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $223 Mil.


China MeiDong Auto Holdings Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for China MeiDong Auto Holdings'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.

* Premium members only.

China MeiDong Auto Holdings Short-Term Debt & Capital Lease Obligation Chart

China MeiDong Auto Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Short-Term Debt & Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.29 130.13 176.14 226.50 198.22

China MeiDong Auto Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Short-Term Debt & Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 258.01 226.50 208.43 198.22 393.11

China MeiDong Auto Holdings 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


China MeiDong Auto Holdings Short-Term Debt & Capital Lease Obligation Related Terms

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China MeiDong Auto Holdings Business Description

Traded in Other Exchanges
Address
13th Floor, Unit A1, Huangjin Road, Tian An Tech Industry Building, Nancheng, Guangdong, Dongguan, CHN
China MeiDong Auto Holdings Ltd is an investment holding company, which is engaged in the sale of automobiles and the provision of integrated services. The group operates 4S dealership stores covering world-renowned brands which are popular among Chinese consumers, including BMW, Lexus, Toyota and Hyundai, and others. It derives revenue primarily from the sale of passenger vehicles and by providing after-sales services and geographically all the operations function through the region of China.

China MeiDong Auto Holdings Headlines