Parkin Co (DFM:PARKIN) Short-Term Capital Lease Obligation : د.إ6.5 Mil (As of Mar. 2024)

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What is Parkin Co Short-Term Capital Lease Obligation?

Parkin Co's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ6.5 Mil.

Parkin Co's quarterly Short-Term Capital Lease Obligation increased from Mar. 2023 (د.إ0.0 Mil) to Dec. 2023 (د.إ5.5 Mil) and increased from Dec. 2023 (د.إ5.5 Mil) to Mar. 2024 (د.إ6.5 Mil).

Parkin Co's annual Short-Term Capital Lease Obligation declined from Dec. 2021 (د.إ5.0 Mil) to Dec. 2022 (د.إ3.7 Mil) but then increased from Dec. 2022 (د.إ3.7 Mil) to Dec. 2023 (د.إ5.5 Mil).

Parkin Co Short-Term Capital Lease Obligation Historical Data

The historical data trend for Parkin Co'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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Parkin Co Short-Term Capital Lease Obligation Chart

Parkin Co Annual Data

Trend

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

5.03

3.75

5.54

Parkin Co Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Short-Term Capital Lease Obligation	5.03	3.75	-	5.54	6.55

Parkin Co 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.

Parkin Co Short-Term Capital Lease Obligation Related Terms

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Parkin Co (DFM:PARKIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Parkin Co (DFM:PARKIN) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Marrakech Street, G+2 Building, Old Headquarters, Umm Al Ramool, Plot number 215-246, P.O. Box 118899, Dubai, ARE

Website

https://www.parkin.ae

Parkin Co is a provider of paid parking facilities and services in Dubai. It operates across six operating verticals: (i) public on-street and off-street parking, (ii) public MSCPs, (iii) Developer-owned Parking Lots, (iv) permits and seasonal parking subscriptions, (v) parking reservations, and (vi) other services.

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