Spirax-Sarco Engineering (Spirax-Sarco Engineering) Short-Term Debt & Capital Lease Obligation : $209 Mil (As of Dec. 2023)

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What is Spirax-Sarco Engineering 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. Spirax-Sarco Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $209 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Spirax-Sarco Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,213 Mil.

Spirax-Sarco Engineering Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Spirax-Sarco Engineering'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.

Spirax-Sarco Engineering Short-Term Debt & Capital Lease Obligation Chart

Spirax-Sarco Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

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272.22

44.49

168.09

367.97

208.86

Spirax-Sarco Engineering Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															168.09	108.13	367.97	401.64	208.86

Spirax-Sarco Engineering 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

Spirax-Sarco Engineering Short-Term Debt & Capital Lease Obligation Related Terms

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Spirax-Sarco Engineering (Spirax-Sarco Engineering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Spirax-Sarco Engineering PLC (OTCPK:SPXSF) » Definitions » Short-Term Debt & Capital Lease Obligation

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Traded in Other Exchanges

SPXSY:USA SPXl:UK SPX:UK 1LNB:Germany

Address

Cirencester Road, Charlton House, Cheltenham, Gloucestershire, GBR, GL53 8ER

Website

https://www.spiraxsarcoengineering.com

Spirax-Sarco is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax-Sarco has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.

Spirax-Sarco Engineering (Spirax-Sarco Engineering) Headlines

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