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Spindle (Spindle) Short-Term Debt & Capital Lease Obligation : $0.85 Mil (As of Sep. 2018)


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What is Spindle 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. Spindle's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.85 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Spindle's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.00 Mil.


Spindle Short-Term Debt & Capital Lease Obligation Historical Data

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

Spindle Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Short-Term Debt & Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.17 0.07 0.18 0.43

Spindle Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Short-Term Debt & Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.43 0.59 0.70 0.85

Spindle 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


Spindle Short-Term Debt & Capital Lease Obligation Related Terms

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Spindle (Spindle) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Spindle Inc (GREY:SPDL) » Definitions » Short-Term Debt & Capital Lease Obligation
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Address
1201 S. Alma School Road, Suite 12500, Mesa, AZ, USA, 85210
Spindle Inc provides marketing and commerce solutions through 'catalyst' brand. It is a platform which has been built to provide payment processing as well as integrated marketing programs. The catalyst solution focuses on small to medium-sized businesses and provides services related to business, payment, digital marketing, and customer engagement. It generates its revenue from the Catalyst Gateway process.

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