Argent Industrial (JSE:ART) Short-Term Capital Lease Obligation : R12 Mil (As of Sep. 2023)

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What is Argent Industrial Short-Term Capital Lease Obligation?

Argent Industrial's Short-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was R12 Mil.

Argent Industrial's quarterly Short-Term Capital Lease Obligation declined from Sep. 2022 (R22 Mil) to Mar. 2023 (R18 Mil) and declined from Mar. 2023 (R18 Mil) to Sep. 2023 (R12 Mil).

Argent Industrial's annual Short-Term Capital Lease Obligation declined from Mar. 2021 (R28 Mil) to Mar. 2022 (R25 Mil) and declined from Mar. 2022 (R25 Mil) to Mar. 2023 (R18 Mil).

Argent Industrial Short-Term Capital Lease Obligation Historical Data

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

Argent Industrial Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Short-Term Capital Lease Obligation

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18.74

28.10

25.36

18.40

Argent Industrial Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															30.56	25.36	22.16	18.40	12.42

Argent Industrial 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.

Argent Industrial Short-Term Capital Lease Obligation Related Terms

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Argent Industrial (JSE:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Argent Industrial Ltd (JSE:ART) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

First Floor, Ridge 63, 8 Sinembe Crescent, Sinembe Park, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019

Website

https://www.argent.co.za

Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up of ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.

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