Clip Money (TSXV:CLIP) Short-Term Debt & Capital Lease Obligation : C$2.36 Mil (As of Mar. 2025)

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What is Clip Money 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. Clip Money's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$2.36 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Clip Money's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$22.70 Mil.

Clip Money Short-Term Debt & Capital Lease Obligation Historical Data

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

Clip Money Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Short-Term Debt & Capital Lease Obligation

2.31

1.48

1.67

2.22

Clip Money Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial											1.59	1.78	1.89	2.22	2.36

Clip Money 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

Clip Money Short-Term Debt & Capital Lease Obligation Related Terms

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Clip Money Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clip Money Inc (TSXV:CLIP) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CLPMF:USA

Address

96 Riverdale Avenue, Ottawa, ON, CAN, K1S 1R2

Website

https://www.clipmoney.com

Clip Money Inc is a Canadian-based company principally in the business of providing a proprietary deposit network to businesses and financial institutions located across North America. A network of ClipDrop safes located in malls, box stores, and grocery chains, Clip improves the business deposit experience through transformational digital and mobile-enabled services. The company has one operating segment, which is providing a proprietary deposit network to businesses located across North America. The company combines functional hardware, an intuitive mobile app, and a cloud-based transaction engine that maximizes business banking transactions. It also facilitates mobile change orders, which are fully insured and shipped within one to two business days.

Executives

Andrew Tussing	Senior Officer
Daren Trousdell	10% Security Holder
Koat Holdings Llc	10% Security Holder
Joseph James Abou-arrage	10% Security Holder, Senior Officer
John Jeffrey Gibson	10% Security Holder, Director