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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. FlexShopper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.4 Mil.
Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. FlexShopper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $115.1 Mil.
The historical data trend for FlexShopper'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.
FlexShopper 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 | 1.10 | 6.16 | 1.23 | 1.42 | 0.44 |
FlexShopper Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Short-Term Debt & Capital Lease Obligation | Get a 7-Day Free Trial | 1.42 | 1.43 | 1.44 | 0.43 | 0.44 |
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
Thank you for viewing the detailed overview of FlexShopper's Short-Term Debt & Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.
Howard Dvorkin | director, 10 percent owner | 6360 NW 5 WAY, FORT LAUDERDALE FL 33309 |
John Davis | officer: COO | 2445 TECHNOLOGY FOREST BLVD., STE. 800, THE WOODLANDS TX 77381 |
House Richard R Jr | officer: Chief Executive Officer | C/O ATLANTICUS HOLDINGS CORP, FIVE CONCOURSE PARKWAY SUITE 300, ATLANTA GA 30328 |
Thomas O. Katz | director | C/O FLEXSHOPPER, INC., 901 YAMATO ROAD, SUITE 260, BOCA RATON FL 33431 |
James Douglas Allen | director | 2221 E. LAMAR BLVD. SUITE 790, ARLINGTON TX 76006 |
Brad Mitchell Bernstein | director, 10 percent owner, officer: President | C/O ANCHOR FUNDING SERVICES, INC., 10801 JOHNSTON ROAD SUITE 210, CHARLOTTE NC 28226 |
T Scott King | director | 4100 HOLIDAY ST NW, CANTON OH 44718 |
Sean Hinze | director | 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660 |
Carl Pradelli | director | C/O DUANE READE INC, 440 9TH AVE, NEW YORK NY 10001 |
Ravi Radhakrishnan | officer: Chief Risk Officer | 2700 N. MILITARY TRAIL, SUITE 200, BOCA RATON FL 33431 |
Waterfall Asset Management, Llc | 10 percent owner | 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036 |
Heiser Harold Russell Jr. | officer: CFO | 2700 NORTH MILITARY TRAIL, SUITE 200, BOCA RATON FL 33431 |
Katherine Verner | director | C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660 |
Daniel Ballen | director | 650 NEWPORT CENTER DRIVE C/O PIMCO, NEWPORT BEACH CA 92660 |
Pimco Bravo Fund Ii, L.p. | 10 percent owner | 840 NEWPORT CENTER DRIVE, SUITE 100, NEWPORT BEACH CA 92660 |
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