Cheche Group (Cheche Group) Short-Term Debt & Capital Lease Obligation : $1.1 Mil (As of Dec. 2022)

View and export this data going back to 2023. Start your Free Trial

What is Cheche 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. Cheche Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $1.1 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Cheche Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.9 Mil.

Cheche Group Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Cheche 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.

* Premium members only.

Cheche Group Short-Term Debt & Capital Lease Obligation Chart

Cheche Group Annual Data

Trend

Dec21

Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

2.81

1.10

3.35

Cheche Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Dec23
Short-Term Debt & Capital Lease Obligation	-	2.81	2.76	1.10	3.35

Cheche 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

Cheche Group Short-Term Debt & Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Cheche Group's Short-Term Debt & Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Cheche Group (Cheche Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Cheche Group Inc (NAS:CCG) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

13-1 Deshengmenwai Avenue, 8th Floor, Desheng Hopson Fortune Plaza, Xicheng, Beijing, CHN, 100088

Website

https://www.chechegroup.com

Cheche Group Inc is an insurtech company. It is China's independent technology-empowered platform for auto insurance transaction services by digital auto insurance transaction premiums and insurance technology companies. The company has reshaped the traditional auto insurance distribution and services value chain to create a digital platform by improving operational efficiencies, reducing transaction costs, and expanding distribution channels. Its business scope ranges from digital insurance transactions, SaaS platforms for insurance intermediaries, AI-driven insurance pricing and underwriting services, auto insurance services for new energy vehicle (NEV) manufacturers, green auto insurance innovations, etc.

Cheche Group (Cheche Group) Headlines

From GuruFocus

Cheche Group Drives Growth Through Collaboration with Top NEV Players, Including Li Auto

By PRNewswire • 09-22-2023

Cheche Group Providing Insurance Services for Xpeng EVs in Ten Cities

By PRNewswire • 10-02-2023