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Pinnacle Bankshares (Pinnacle Bankshares) Short-Term Debt & Capital Lease Obligation : $0.00 Mil (As of Mar. 2024)


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What is Pinnacle Bankshares 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. Pinnacle Bankshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Pinnacle Bankshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $10.00 Mil.


Pinnacle Bankshares Short-Term Debt & Capital Lease Obligation Historical Data

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

Pinnacle Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Short-Term Debt & Capital Lease Obligation
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Pinnacle Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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Pinnacle Bankshares 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


Pinnacle Bankshares Short-Term Debt & Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Pinnacle Bankshares's Short-Term Debt & Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Pinnacle Bankshares (Pinnacle Bankshares) Business Description

Industry
Traded in Other Exchanges
N/A
Address
622 Broad Street, Post Office Box 29, Altavista, VA, USA, 24517
Pinnacle Bankshares Corp is a bank holding company. It offers commercial and retail banking products and services including checking, savings and time deposits, individual retirement accounts, merchant bankcard processing, residential and commercial mortgages, loans, commercial lines of credit and letters of credit. The company also offers investment, insurance, and annuity products.
Executives
Judson H Dalton director C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
C Bryan Stott director C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
Hall Aubrey H Iii officer: Executive Vice President C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
A Patricia Merryman director C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
John L Waller director
Thomas F Hall director PO BOX 1256, AMHERST VA 24521
Bryan M Lemley officer: Chief Financial Officer 325 SMOKETREE LN, LYNCHBURG VA 24502
Carroll Shelton director, officer: Senior Vice President
John P Erb director
A Willard Arthur director
William F Overacre director
Gilliam Robert H Jr director, officer: President and CEO
Michael E Watson director
Burton James E Iv director 1314 LEE JACKSON HWY, LYNCHBURG VA 24503