Independent Petroleum Group KSCP (KUW:IPG) Short-Term Capital Lease Obligation : KWD4 Mil (As of Mar. 2024)

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What is Independent Petroleum Group KSCP Short-Term Capital Lease Obligation?

Independent Petroleum Group KSCP's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD4 Mil.

Independent Petroleum Group KSCP's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 (KWD1 Mil) to Dec. 2023 (KWD5 Mil) but then declined from Dec. 2023 (KWD5 Mil) to Mar. 2024 (KWD4 Mil).

Independent Petroleum Group KSCP's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (KWD4 Mil) to Dec. 2022 (KWD6 Mil) but then declined from Dec. 2022 (KWD6 Mil) to Dec. 2023 (KWD5 Mil).

Independent Petroleum Group KSCP Short-Term Capital Lease Obligation Historical Data

The historical data trend for Independent Petroleum Group KSCP'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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Independent Petroleum Group KSCP Short-Term Capital Lease Obligation Chart

Independent Petroleum Group KSCP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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3.70

2.70

3.52

5.56

5.00

Independent Petroleum Group KSCP 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															4.20	2.82	1.41	5.00	3.59

Independent Petroleum Group KSCP 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.

Independent Petroleum Group KSCP Short-Term Capital Lease Obligation Related Terms

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Independent Petroleum Group KSCP (KUW:IPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Independent Petroleum Group KSCP (KUW:IPG) » Definitions » Short-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

Block 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101

Website

https://ipg.com.kw

Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminalling, pipelines, and shipping. The company is involved in trading of the following petroleum products - Motor gasoline, Jet fuels, Crude oils, Gas, Asphalt, and Naphtha. The group operates in Africa, the Middle East, Europe, Asia and the Far East where Africa and the Middle East region generates maximum revenue.