/term/short-term-debt-and-capital-lease-obligation/GMM GMM (Global Mofy Metaverse) Short-Term Debt & Capital Lease
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Global Mofy Metaverse (Global Mofy Metaverse) Short-Term Debt & Capital Lease Obligation : $2.76 Mil (As of Sep. 2023)


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What is Global Mofy Metaverse 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. Global Mofy Metaverse's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.76 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Global Mofy Metaverse's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.56 Mil.


Global Mofy Metaverse Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Global Mofy Metaverse'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.

Global Mofy Metaverse Short-Term Debt & Capital Lease Obligation Chart

Global Mofy Metaverse Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Short-Term Debt & Capital Lease Obligation
0.56 2.53 1.76 2.76

Global Mofy Metaverse Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Short-Term Debt & Capital Lease Obligation Get a 7-Day Free Trial 2.53 1.27 1.76 3.20 2.76

Global Mofy Metaverse 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


Global Mofy Metaverse Short-Term Debt & Capital Lease Obligation Related Terms

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Global Mofy Metaverse (Global Mofy Metaverse) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Global Mofy Metaverse Ltd (NAS:GMM) » Definitions » Short-Term Debt & Capital Lease Obligation
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No. A12, Xidian Memory Cultural and Creative Town, No. 102, 1st Floor, Gaobeidian Township, Chaoyang District, Beijing, CHN, 100000
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Global Mofy Metaverse Ltd operates as a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry. It utilizes its proprietary Mofy Lab technology platform which consists of three-dimensional (3D) rebuilt technology and artificial intelligence (AI) interactive technology to create a 3D high-definition virtual version of a wide range of physical world objects such as human, animal, and scenes which can be used in different applications.

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