Qifeng New Material Co (SZSE:002521) Short-Term Debt & Capital Lease Obligation : ¥543 Mil (As of Mar. 2024)

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What is Qifeng New Material 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. Qifeng New Material Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥543 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Qifeng New Material Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil.

Qifeng New Material Co Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Qifeng New Material 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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Qifeng New Material Co Short-Term Debt & Capital Lease Obligation Chart

Qifeng New Material Co Annual Data

Trend

Dec14

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Dec18

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Dec20

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Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

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380.51

453.23

453.32

594.87

552.05

Qifeng New Material Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															603.49	553.45	511.32	552.05	542.66

Qifeng New Material 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

Qifeng New Material Co Short-Term Debt & Capital Lease Obligation Related Terms

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Qifeng New Material Co (SZSE:002521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Qifeng New Material Co Ltd (SZSE:002521) » Definitions » Short-Term Debt & Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 22, Qifeng Road, Zhutai Town, Linzi District, Zibo City, CHN, 255432

Website

http://www.qifeng.cn

Qifeng New Material Co Ltd researches develop, manufactures, and supplies decorative base papers, overlay papers, non-woven wall base papers, and flicker overlay papers in China. It also exports its products to different countries and regions.

Executives

Li An Dong	Directors, executives
Sun Wen Rong	Executives
Yao Yan Lei	Secretary Dong
Zhu Hong Sheng	Directors, executives
Li Wen Hai	Directors, executives
Zhang Shu Fang	Executives
Li Xian Ming	Executives
Li An Le	Executives
Li Xue Feng	Director
Liu Yong Gang	Supervisors
Zhang Ren Fu	Director
Mu Shou Jing	Supervisors
Zhang Xiang Zeng	Director
Li Bing Quan	Directors, executives

Qifeng New Material Co (SZSE:002521) Headlines

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