Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Short-Term Capital Lease Obligation : KWD0.02 Mil (As of Dec. 2023)

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What is Burgan Company for Well Drilling Trading and MaintenanceK Short-Term Capital Lease Obligation?

Burgan Company for Well Drilling Trading and MaintenanceK's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD0.02 Mil.

Burgan Company for Well Drilling Trading and MaintenanceK's quarterly Short-Term Capital Lease Obligation declined from Jun. 2023 (KWD0.02 Mil) to Sep. 2023 (KWD0.01 Mil) but then increased from Sep. 2023 (KWD0.01 Mil) to Dec. 2023 (KWD0.02 Mil).

Burgan Company for Well Drilling Trading and MaintenanceK's annual Short-Term Capital Lease Obligation increased from Mar. 2021 (KWD0.01 Mil) to Mar. 2022 (KWD0.02 Mil) but then declined from Mar. 2022 (KWD0.02 Mil) to Mar. 2023 (KWD0.01 Mil).

Burgan Company for Well Drilling Trading and MaintenanceK Short-Term Capital Lease Obligation Historical Data

The historical data trend for Burgan Company for Well Drilling Trading and MaintenanceK'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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Burgan Company for Well Drilling Trading and MaintenanceK Short-Term Capital Lease Obligation Chart

Burgan Company for Well Drilling Trading and MaintenanceK Annual Data

Trend

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Mar23

Short-Term Capital Lease Obligation

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0.01

0.02

0.01

Burgan Company for Well Drilling Trading and MaintenanceK Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.02	0.01	0.02	0.01	0.02

Burgan Company for Well Drilling Trading and MaintenanceK 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.

Burgan Company for Well Drilling Trading and MaintenanceK Short-Term Capital Lease Obligation Related Terms

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Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Burgan Company for Well Drilling Trading and Maintenance SAK (KUW:ABAR) » Definitions » Short-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

Al-Ahmadi, Street 306, Al Fahaheel, Block 3, P.O. Box 47143, West Industrial Shuaiba, Kuwait, KWT, 64022

Website

https://www.burgandrilling.com

Burgan Company for Well Drilling Trading and Maintenance SAK is engaged in the provision of drilling, exploration, and maintenance services of wells for oil and gas companies. It serves its clients to drill their deep, medium, and shallow wells and carry also workover operations for the same. The company's operating segment being Oil and Gas well services. Geographically, it operates and derives revenue only from Kuwait.

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