Ades Holding Co (SAU:2382) Short-Term Debt & Capital Lease Obligation : ﷼1,265 Mil (As of Mar. 2024)

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What is Ades Holding Co 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. Ades Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼1,265 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Ades Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼9,521 Mil.

Ades Holding Co Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Ades Holding Co'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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Ades Holding Co Short-Term Debt & Capital Lease Obligation Chart

Ades Holding Co Annual Data

Trend

Dec23

Short-Term Debt & Capital Lease Obligation

1,336.57

Ades Holding Co Quarterly Data
	Mar23	Dec23	Mar24
Short-Term Debt & Capital Lease Obligation	-	1,336.57	1,265.42

Ades Holding Co 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

Ades Holding Co Short-Term Debt & Capital Lease Obligation Related Terms

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Ades Holding Co (SAU:2382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ades Holding Co (SAU:2382) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

7429 Prince turki street, Corniche District, Al Khobar, SAU, 2203

Website

https://www.adesgroup.com

Ades Holding Co is a company whose main purpose is oil and gas drilling and production services providing in the MENA region. The Company's main activities are as follows which is Contracting services for excavation and maintenance of onshore and offshore wells, Services related to oil extraction, Excavation and onshore and offshore maintenance services. Provision of contracted offshore and onshore excavation services Provision of maintenance and production services.

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