UTime (WTO) Short-Term Debt & Capital Lease Obligation : $7.17 Mil (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is UTime 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. UTime's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $7.17 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. UTime's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.09 Mil.

UTime Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for UTime'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.

UTime Short-Term Debt & Capital Lease Obligation Chart

UTime Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Short-Term Debt & Capital Lease Obligation

Get a 7-Day Free Trial

2.52

2.46

5.76

6.30

8.52

UTime Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial								5.76	6.30	7.10	8.52	7.17

UTime 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

UTime Short-Term Debt & Capital Lease Obligation Related Terms

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

UTime (WTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » UTime Ltd (NAS:WTO) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1006 Keyuan Road, 7th Floor, Building 5A, Shenzhen Software Industry Base, Nanshan District, Shenzhen, CHN, 518061

Website

https://www.utimemobile.com

UTime Ltd is engaged in the design, development, production, sales and brand operation of mobile phones, accessories and related consumer electronics. It also provides Electronics Manufacturing Services (EMS), including Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) services, for renowned brands. The company operates in China and its products are sold globally, including India, Brazil, the United States, and other emerging markets in South Asia and Africa as well as Europe. It has two in-house brands, UTime, known as its middle-to-high end label and targets middle class consumers from emerging markets; and Do, as its low- to mid-end brand, is positioned to the grassroots consumers and price-sensitive consumers in emerging markets.

Executives

Hailin Xie	director	SHENZHEN SOFTWARE INDUSTRY BASE, 7TH FLOOR, BUILDING 5A, SHENZHEN F4 518061
Na Cai	director	SHENZHEN SOFTWARE INDUSTRY BASE, 7TH FLOOR, BUILDING 5A, SHENZHEN F4 518061
Xiaoqian Jia	director	SHENZHEN SOFTWARE INDUSTRY BASE, 7TH FLOOR, BUILDING 5A, SHENZHEN F4 518061
Hengcong Qiu	director, officer: Chief Executive Officer	SHENZHEN SOFTWARE INDUSTRY BASE, 7TH FLOOR, BUILDING 5A, SHENZHEN F4 518061