Hubbell (FRA:HUEC) Short-Term Capital Lease Obligation : €30 Mil (As of Mar. 2024)

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What is Hubbell Short-Term Capital Lease Obligation?

Hubbell's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €30 Mil.

Hubbell's quarterly Short-Term Capital Lease Obligation declined from Sep. 2023 (€28 Mil) to Dec. 2023 (€28 Mil) but then increased from Dec. 2023 (€28 Mil) to Mar. 2024 (€30 Mil).

Hubbell's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (€24 Mil) to Dec. 2022 (€29 Mil) but then declined from Dec. 2022 (€29 Mil) to Dec. 2023 (€28 Mil).

Hubbell Short-Term Capital Lease Obligation Historical Data

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

Hubbell Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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26.64

25.15

23.98

28.79

28.06

Hubbell 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															29.05	28.06	28.39	28.06	30.08

Hubbell 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.

Hubbell Short-Term Capital Lease Obligation Related Terms

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Hubbell (FRA:HUEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hubbell Inc (FRA:HUEC) » Definitions » Short-Term Capital Lease Obligation

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Traded in Other Exchanges

HUBB:USA

Address

40 Waterview Drive, Shelton, CT, USA, 06484

Website

https://www.hubbell.com

Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: electrical and power systems. The consolidated business sells about two thirds of its products via distributors, with the remainder sold via direct sales to utilities and contractors. The 2018 acquisition of Aclara, folded into the utility solutions segment, brought Hubbell a portfolio of smart meters and communication sensors that serves electrical, water, and gas utilities.

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