Novartis AG (Novartis AG) Short-Term Capital Lease Obligation : $225 Mil (As of Mar. 2024)

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What is Novartis AG Short-Term Capital Lease Obligation?

Novartis AG's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $225 Mil.

Novartis AG's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 ($210 Mil) to Dec. 2023 ($230 Mil) but then declined from Dec. 2023 ($230 Mil) to Mar. 2024 ($225 Mil).

Novartis AG's annual Short-Term Capital Lease Obligation declined from Dec. 2021 ($275 Mil) to Dec. 2022 ($251 Mil) and declined from Dec. 2022 ($251 Mil) to Dec. 2023 ($230 Mil).

Novartis AG Short-Term Capital Lease Obligation Historical Data

The historical data trend for Novartis AG's Short-Term 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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Novartis AG Short-Term Capital Lease Obligation Chart

Novartis AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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246.00

286.00

275.00

251.00

230.00

Novartis AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															251.00	247.00	210.00	230.00	225.00

Novartis AG Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Novartis AG Short-Term Capital Lease Obligation Related Terms

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Novartis AG (Novartis AG) Business Description

Industry

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Traded in Other Exchanges

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Address

Lichtstrasse 35, Basel, CHE, 4056

Website

https://www.novartis.com

Novartis develops and manufactures innovative drugs. The firm's key areas of drug development include oncology, rare diseases, neuroscience, immunology, respiratory, cardio-metabolic, and established medicines. The company sells its products globally, with the United States representing close to one third of total revenue.