ITT (STU:2II) Short-Term Capital Lease Obligation : €18 Mil (As of Mar. 2024)

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What is ITT Short-Term Capital Lease Obligation?

ITT's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €18 Mil.

ITT's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 (€17 Mil) to Dec. 2023 (€18 Mil) and increased from Dec. 2023 (€18 Mil) to Mar. 2024 (€18 Mil).

ITT's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (€18 Mil) to Dec. 2022 (€18 Mil) but then declined from Dec. 2022 (€18 Mil) to Dec. 2023 (€18 Mil).

ITT Short-Term Capital Lease Obligation Historical Data

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

ITT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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17.91

16.28

17.79

17.94

17.88

ITT 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															18.21	17.26	16.96	17.88	17.94

ITT 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.

ITT Short-Term Capital Lease Obligation Related Terms

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ITT (STU:2II) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITT Inc (STU:2II) » Definitions » Short-Term Capital Lease Obligation

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ITT:USA

Address

100 Washington Boulevard, 6th Floor, Stamford, CT, USA, 06902

Website

https://www.itt.com

ITT is a diversified industrial conglomerate with over $3 billion in sales. After the spinoffs of Xylem and Exelis in 2011, the company's products primarily include brake pads, shock absorbers, pumps, valves, connectors, and switches. Its customers include original-equipment and Tier 1 manufacturers as well as aftermarket customers. ITT uses a network of approximately 700 independent distributors, which accounts for about one third of overall revenue. Nearly three fourths of the company's sales are made in North America and Europe. ITT's primary end markets include automotive, rail, oil and gas, aerospace and defense, chemical, mining, and general industrial.

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