Mega African Capital (XGHA:MAC) Short-Term Debt & Capital Lease Obligation : GHS0.00 Mil (As of Dec. 2022)

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What is Mega African Capital 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. Mega African Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was GHS0.00 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Mega African Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was GHS0.00 Mil.

Mega African Capital Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Mega African Capital'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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Mega African Capital Short-Term Debt & Capital Lease Obligation Chart

Mega African Capital Annual Data

Trend

Dec20

Dec21

Dec22

Short-Term Debt & Capital Lease Obligation

80.94

Mega African Capital Semi-Annual Data
	Dec20	Dec21	Dec22
Short-Term Debt & Capital Lease Obligation	-	80.94	-

Mega African Capital 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

Mega African Capital Short-Term Debt & Capital Lease Obligation Related Terms

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Mega African Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mega African Capital Ltd (XGHA:MAC) » Definitions » Short-Term Debt & Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

Sunyani Avenue, The Alberts, 2nd Floor, No. 23 Kanda Estates, Kanda, Accra, GHA

Website

http://www.megafricancapital.com

Mega African Capital Ltd is an investment company. The company's objective is to seek exposure to the potential to generate high real returns. The company invests across three business lines namely, equity unlisted equity and real estate projects. The Company is authorized to undertake the Development, Purchase, Sales and Rental of Real Estates; Investment In Equities; Fixed Income Investments; and Any other Financial Services.