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Vemanti Group (Vemanti Group) Short-Term Debt & Capital Lease Obligation : $0.29 Mil (As of Mar. 2024)


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What is Vemanti Group 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. Vemanti Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.29 Mil.

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


Vemanti Group Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Vemanti Group'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.

Vemanti Group Short-Term Debt & Capital Lease Obligation Chart

Vemanti Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Short-Term Debt & Capital Lease Obligation
- - 0.13 0.13 0.28

Vemanti Group Quarterly Data
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 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 0.13 0.28 0.28 0.28 0.29

Vemanti Group 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


Vemanti Group Short-Term Debt & Capital Lease Obligation Related Terms

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Vemanti Group (Vemanti Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vemanti Group Inc (OTCPK:VMNT) » Definitions » Short-Term Debt & Capital Lease Obligation
Traded in Other Exchanges
N/A
Address
7545 Irvine Center Drive, Suite. 200, Irvine, CA, USA, 92618
Vemanti Group Inc, through its subsidiaries, provides IP (Internet Protocol) communication needs. The company's network offers availability, coverage, flexibility and enables the following technology solutions: unified communications, data centre services, content delivery, voice over IP (VoIP), and cloud computing. The company also focuses on acquisition and investment in companies that focus on blockchain projects and applications combined with other emerging technologies, including machine learning/AI, security, and the internet of things (IoT).
Executives
Stephen Richard Jones officer: CFO 256 GREENGLADE AVENUE, WORTHINGTON OH 43085
Tan Tran director, 10 percent owner, officer: President, CEO, CFO 7545 IRVINE CENTER DR., STE. 200, IRVINE CA 92618
Rachel Boulds Cpa, Pllc director 6371 S. GLENOAKS STREET, MURRAY UT 84107