Migao Group Holdings (HKSE:09879) Short-Term Debt & Capital Lease Obligation : HK$263 Mil (As of Sep. 2024)

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What is Migao Group 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. Migao Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$263 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Migao Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$164 Mil.

Migao Group Holdings Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Migao Group 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.

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Migao Group Holdings Short-Term Debt & Capital Lease Obligation Chart

Migao Group Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Short-Term Debt & Capital Lease Obligation

159.13

482.37

314.63

418.85

Migao Group Holdings Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial			482.37	314.63	-	418.85	263.25

Migao Group 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

Migao Group Holdings Short-Term Debt & Capital Lease Obligation Related Terms

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Migao Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Migao Group Holdings Ltd (HKSE:09879) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qingzhou Development Zone, East Park, Cangjiang Industrial Park, Gaoming District, Foshan, CHN

Website

https://www.migaogroup.com

Migao Group Holdings Ltd is a national potash fertilizer company in China with sourcing and procurement, processing, and manufacturing. It sells various potash fertilizer products, including KCL, SOP, NOP, and compound fertilizers. Geographically, the company generates a majority of its revenue from its business in the People's Republic of China.

Executives

Liu Guocai	2201 Interest of corporation controlled by you
Migao Holding Limited	2101 Beneficial owner
Migao International Holding Limited	2201 Interest of corporation controlled by you

Migao Group Holdings Headlines

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