Premier Group (JSE:PMR) Short-Term Debt & Capital Lease Obligation : R620 Mil (As of Sep. 2024)

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What is Premier Group 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. Premier Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R620 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Premier Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R2,491 Mil.

Premier Group Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Premier Group'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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Premier Group Short-Term Debt & Capital Lease Obligation Chart

Premier Group Annual Data

Trend

Mar23

Mar24

Short-Term Debt & Capital Lease Obligation

1,036.49

539.31

Premier Group Semi-Annual Data
	Mar23	Sep23	Mar24	Sep24
Short-Term Debt & Capital Lease Obligation	1,036.49	-	539.31	619.86

Premier Group 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

Premier Group Short-Term Debt & Capital Lease Obligation Related Terms

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Premier Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Premier Group Ltd (JSE:PMR) » Definitions » Short-Term Debt & Capital Lease Obligation

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Traded in Other Exchanges

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Address

Maxwell Office Park, Building 5, Magwa Crescent West, Isando, ZAF, 1600

Website

https://www.premierfmcg.com

Premier Group Ltd is engaged in the manufacturing and distribution of staple milling and baking products, confectionery and home and personal care (HPC) products. The company is organized into two segments Millbake and Groceries and International. It derives maximum revenue from Millbake segment.

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