Caravelle International Group (Caravelle International Group) Short-Term Debt & Capital Lease Obligation : $0.3 Mil (As of Apr. 2023)

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What is Caravelle International Group Short-Term Debt & Capital Lease Obligation?

Short-Term Debt & Capital Lease Obligation is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Caravelle International Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2023 was $0.3 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Caravelle International Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2023 was $2.5 Mil.

Caravelle International Group Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Caravelle International Group's Short-Term Debt & 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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Caravelle International Group Short-Term Debt & Capital Lease Obligation Chart

Caravelle International Group Annual Data

Trend

Oct20

Oct21

Oct22

Short-Term Debt & Capital Lease Obligation

5.60

7.44

3.25

Caravelle International Group Semi-Annual Data
	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial			-	7.44	2.58	3.25	0.29

Caravelle International Group Short-Term Debt & Capital Lease Obligation Calculation

This is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Caravelle International Group Short-Term Debt & Capital Lease Obligation Related Terms

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Caravelle International Group (Caravelle International Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Caravelle International Group (NAS:CACO) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Paya Lebar Road, No. 06-17 Paya Lebar Square, Singapore, SGP, 409051

Website

http://www.caravelleglobal.com

Caravelle International Group is an international operator of ocean transportation services. It is engaged in the seaborne transportation service under voyage contracts as well as vessel service for and on behalf of ship owners. The company has two operating segments namely, ocean transport and Heating business. The company derives the majority of its revenue from the Ocean transportation business. The company primarily derives freight revenue from voyage contracts and provides vessel service.