Micropac Industries (Micropac Industries) Short-Term Debt & Capital Lease Obligation : $0.44 Mil (As of Feb. 2024)

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What is Micropac Industries 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. Micropac Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.44 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Micropac Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $15.21 Mil.

Micropac Industries Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Micropac Industries'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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Micropac Industries Short-Term Debt & Capital Lease Obligation Chart

Micropac Industries Annual Data

Trend

Nov14

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Nov16

Nov17

Nov18

Nov19

Nov20

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Nov23

Short-Term Debt & Capital Lease Obligation

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0.05

0.22

0.43

Micropac Industries Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															0.23	0.28	0.43	0.43	0.44

Micropac Industries 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

Micropac Industries Short-Term Debt & Capital Lease Obligation Related Terms

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Micropac Industries (Micropac Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Micropac Industries Inc (OTCPK:MPAD) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

905 East Walnut Street, Garland, TX, USA, 75040

Website

https://www.micropac.com

Micropac Industries Inc manufactures and distributes a range of hybrid microelectronic circuits, solid-state relays (SSRs), power controllers, and optoelectronic components and assemblies. Its products are used as components in a range of military, space, and industrial systems, including aircraft instrumentation and navigation systems, power supplies, electronic controls, computers, medical devices, and high-temperature products. The company's core technology is the packaging and interconnecting of multi-chip microelectronics modules. Other technologies include light-emitting, and light-sensitive materials and products, including light-emitting diodes (LEDs) and silicon phototransistors used in the company's optoelectronic components and assemblies.

Executives

Mark W King	director, officer: Chief Executive Officer	2905 WYNDHAM LANE, RICHARDSON TX 75082
Richard K Hoesterey	director	7852 LA COSA DRIVE, DALLAS TX 75248
Eugene A. Robinson	director	1200 LAKE POINT CIRCLE, MCKINNEY TX 75070
Heinz-werner Hempel	director, 10 percent owner	AM WALL 127 D-281951, BREMEN 2M 00000
Micropac Industries, Inc.	10 percent owner	AM WALL 127 D-281951 1, BREMEN 2M 00000
Patrick Cefalu	officer: CFO	8706 ARBORSIDE, ROWLETT TX 75089
Wood Connie J.	director	877 FM 2948, COMO TX 75431
H. Kent Hearn	director	1409 BRIAR HOLLOW, GARLAND TX 75043

Micropac Industries (Micropac Industries) Headlines

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