Veltex (Veltex) Short-Term Debt & Capital Lease Obligation : $2.34 Mil (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Veltex 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. Veltex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.34 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Veltex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.

Veltex Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Veltex'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.

* Premium members only.

Veltex Short-Term Debt & Capital Lease Obligation Chart

Veltex Annual Data

Trend

Dec21

Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

0.79

1.31

2.19

Veltex Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial			1.31	1.57	1.77	2.19	2.34

Veltex 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

Veltex Short-Term Debt & Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Veltex's Short-Term Debt & Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Veltex (Veltex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veltex Corp (OTCPK:VLXC) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 West Madison Street, Suite 1500, Chicago, IL, USA, 60602

Website

https://www.veltex.com

Veltex Corp is a United States-based holding company. The company is engaged in the development and acquisition of companies that have established or advanced the latest modalities in the areas of health, wellness, and recovery. Its market includes rehab centres and treatment centres. The company also acquires real estate properties.