Rainbow Tourism Group (XZIM:RTG.ZW) Short-Term Debt & Capital Lease Obligation : ZWG286 Mil (As of Dec. 2023)

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

What is Rainbow Tourism 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. Rainbow Tourism Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ZWG286 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Rainbow Tourism Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ZWG887 Mil.

Rainbow Tourism Group Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Rainbow Tourism 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.

Rainbow Tourism Group Short-Term Debt & Capital Lease Obligation Chart

Rainbow Tourism Group Annual Data

Trend

Dec08

Dec09

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

Get a 7-Day Free Trial

4.41

6.68

84.03

125.46

286.49

Rainbow Tourism Group Semi-Annual Data
	Dec08	Dec09	Jun11	Dec11	Jun12	Dec12	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial											-	84.03	6.29	125.46	286.49

Rainbow Tourism 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

Rainbow Tourism Group Short-Term Debt & Capital Lease Obligation Related Terms

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

Rainbow Tourism Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rainbow Tourism Group Ltd (XZIM:RTG.ZW) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Pennefather Avenue, Samora Machel Avenue West, Rainbow Towers Hotel and Conference Centre, Harare, ZWE

Website

https://www.rtgafrica.com

Rainbow Tourism Group Ltd is a Zimbabwe-based hospitality management company. It is engaged in providing hotel and conferencing facilities in Zimbabwe. It derives revenue through the sources of room revenue; food beverages and conferencing; and other operating activities. The hotels of the company include Rainbow Towers Hotel & Conference Centre, New Ambassador Hotel, Kadoma Hotel & Conference Centre, Bulawayo Rainbow Hotel, A'Zambezi River Lodge, and Victoria Falls Rainbow Hotel-Victoria Falls.

Rainbow Tourism Group Headlines

No Headlines