LGGNY (Legal & General Group) Short-Term Debt & Capital Lease Obligation : $62 Mil (As of Jun. 2024)

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What is Legal & General 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. Legal & General Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $62 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Legal & General Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $7,752 Mil.

Legal & General Group Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Legal & General 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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Legal & General Group Short-Term Debt & Capital Lease Obligation Chart

Legal & General Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

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262.12

67.20

345.75

209.50

340.51

Legal & General Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															61.58	209.50	63.13	340.51	62.34

Legal & General 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

Legal & General Group Short-Term Debt & Capital Lease Obligation Related Terms

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Legal & General Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legal & General Group PLC (OTCPK:LGGNY) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

LGGNF:USA LGENl:UK LGEN:UK LGI0:Germany LGI:Germany LGI:Germany

Address

One Coleman Street, London, GBR, EC2R 5AA

Website

https://www.legalandgeneralgroup.com

Legal & General Group PLC operates across four broad business areas of retirement, investment management, capital investment, and Retail. The retirement business provides guaranteed retirement income for corporate pension scheme members. The Investment Management business provides investment management services for both individuals and corporations, including managing pension funds. Capital investment uses customers' pension assets, as well as the group's shareholder capital, to make long-term investments in assets such as clean energy, housing, and SME finance. The Retail business provides of UK retail retirement and protection solutions and US brokerage term life insurance. The majority of its assets under management are derived from the United Kingdom and Europe.