Al-Arabiya Real Estate Co KSC (KUW:ARABREC) Short-Term Capital Lease Obligation : KWD0.29 Mil (As of Mar. 2024)

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What is Al-Arabiya Real Estate Co KSC Short-Term Capital Lease Obligation?

Al-Arabiya Real Estate Co KSC's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD0.29 Mil.

Al-Arabiya Real Estate Co KSC's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 (KWD0.26 Mil) to Dec. 2023 (KWD0.29 Mil) but then stayed the same from Dec. 2023 (KWD0.29 Mil) to Mar. 2024 (KWD0.29 Mil).

Al-Arabiya Real Estate Co KSC's annual Short-Term Capital Lease Obligation declined from Dec. 2021 (KWD0.39 Mil) to Dec. 2022 (KWD0.36 Mil) and declined from Dec. 2022 (KWD0.36 Mil) to Dec. 2023 (KWD0.29 Mil).

Al-Arabiya Real Estate Co KSC Short-Term Capital Lease Obligation Historical Data

The historical data trend for Al-Arabiya Real Estate Co KSC'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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Al-Arabiya Real Estate Co KSC Short-Term Capital Lease Obligation Chart

Al-Arabiya Real Estate Co KSC Annual Data

Trend

Dec10

Dec11

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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0.39

0.36

0.29

Al-Arabiya Real Estate Co KSC 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															0.36	0.35	0.26	0.29	0.29

Al-Arabiya Real Estate Co KSC 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.

Al-Arabiya Real Estate Co KSC Short-Term Capital Lease Obligation Related Terms

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Al-Arabiya Real Estate Co KSC (KUW:ARABREC) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Al-Arabiya Real Estate Co KSC (KUW:ARABREC) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

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Address

Ahmad Al-Jaber Street, 7th Floor, Emad Commercial Center, PO Box 26980, Sharq, Safat, Kuwait City, KWT, 13130

Website

http://www.arec-kwt.com

Al-Arabiya Real Estate Co KSC is a Kuwait based company involved in the construction, contracting, developing and managing the activities of residential buildings, hotels, and commercial centres within the private and public sector. It operates in three segments. Real estate segment involves activities related to real estate investment properties. Hotels segment, which is the key revenue generator, involves establishment, acquiring and managing hotels. Investment segment involves investing in shares and share capital of the companies. Geographically, it generates revenue from Kuwait being the highest revenue driver, United Arab Emirates, and Egypt.

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