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VIP Entertainment Technologies (TSXV:VIP) Short-Term Debt & Capital Lease Obligation : C$0.16 Mil (As of Dec. 2023)


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What is VIP Entertainment Technologies 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. VIP Entertainment Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.16 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. VIP Entertainment Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil.


VIP Entertainment Technologies Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for VIP Entertainment Technologies'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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VIP Entertainment Technologies Short-Term Debt & Capital Lease Obligation Chart

VIP Entertainment Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Dec23
Short-Term Debt & Capital Lease Obligation
- - - - 0.16

VIP Entertainment Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 0.05 - 0.08 0.09 0.16

VIP Entertainment Technologies 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


VIP Entertainment Technologies Short-Term Debt & Capital Lease Obligation Related Terms

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VIP Entertainment Technologies (TSXV:VIP) Business Description

Traded in Other Exchanges
Address
500 - 4th Avenue SW, Suite 3200, Calgary, AB, CAN, T2P 2V6
VIP Entertainment Technologies Inc is an entertainment and gaming company offering legal real-money betting on sports, casinos, poker, and esports events in online environments. The Company's principal business activity is the development of online poker and other sports betting products. It delivers sports betting, casino games, and poker through its VIP Bets platform.
Executives
Jennings Theresa 10% Security Holder

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