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FRMO (FRMO) Short-Term Debt & Capital Lease Obligation : $0.00 Mil (As of May. 2014)


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What is FRMO 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. FRMO's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2014 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. FRMO's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2014 was $0.00 Mil.


FRMO Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for FRMO'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.

FRMO Short-Term Debt & Capital Lease Obligation Chart

FRMO Annual Data
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Short-Term Debt & Capital Lease Obligation
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FRMO Semi-Annual Data
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FRMO 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


FRMO Short-Term Debt & Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of FRMO's Short-Term Debt & Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


FRMO (FRMO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FRMO Corp (OTCPK:FRMO) » Definitions » Short-Term Debt & Capital Lease Obligation
Traded in Other Exchanges
N/A
Address
1 North Lexington Avenue, Suite 12C, White Plains, NY, USA, 10601
FRMO Corp is focused its activities on making strategic investments in public and private companies.
Executives
Steven Bregman director, 10 percent owner, officer: President HORIZON KINETICS LLC, 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Santa Monica Partners Lp director 1865 PALMER AVENUE, LARCHMONT NY 10538
Lawrence J Goldstein director 1865 PALMER AVE 108, LARCHMONT NY 10538
Jay P Hirschson director 747 GREENWICH ST, SUITE 400, NEW YORK NY 10014
Murray Stahl director, 10 percent owner, officer: CEO C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Peter Doyle director, 10 percent owner, officer: Vice President, other: Secretary 470 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10016
Lester J Tanner director, officer: Secretary 100 PARK AVENUE SUITE 3302, NEW YORK NY 10017
Allan Kornfeld director 123 WILD DUNES WAY, JACKSON NJ 08527

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