Ardova (NSA:ARDOVA) Short-Term Debt & Capital Lease Obligation : ₦8,600 Mil (As of Jun. 2022)

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What is Ardova 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. Ardova's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was ₦8,600 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Ardova's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was ₦46,754 Mil.

Ardova Short-Term Debt & Capital Lease Obligation Historical Data

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

Ardova Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

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Dec21

Short-Term Debt & Capital Lease Obligation

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13,977.73

13,044.80

2,593.57

8,956.98

22,823.26

Ardova Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															12,327.49	11,174.86	22,823.26	6,209.43	8,600.24

Ardova 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

Ardova Short-Term Debt & Capital Lease Obligation Related Terms

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Ardova (NSA:ARDOVA) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ardova PLC (NSA:ARDOVA) » Definitions » Short-Term Debt & Capital Lease Obligation

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Address

1, AP/Conoil Road, Ijora-Apapa, Lagos, NGA

Website

http://www.ardovaplc.com

Ardova PLC integrated energy company in Nigeria involved in the marketing of petroleum products. The company also provides aircraft refueling operations at its Aviation Joint User's hydrants in Ikeja and Joint Aviation depots in Abuja, Port Harcourt, and Kano as a provider of aviation fuel for local and international airlines. It also procures and markets Liquefied Petroleum Gas. It manufactures and distributes a wide range of quality lubricants, which include Super V, Visco 2000, and Diesel Motor Oil from its lubricating oil blending plant at its Apapa terminal in Lagos. The company is the sole authorized distributor of Shell Engine Oils and Lubricants for the Nigerian market. the company is also into renewable energy.

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