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Nxu (NXU) Short-Term Debt & Capital Lease Obligation : $1.72 Mil (As of Mar. 2024)


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What is Nxu 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. Nxu's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.72 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Nxu's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.31 Mil.


Nxu Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Nxu'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.

Nxu Short-Term Debt & Capital Lease Obligation Chart

Nxu Annual Data
Trend Dec21 Dec22 Dec23
Short-Term Debt & Capital Lease Obligation
0.40 0.34 0.86

Nxu Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Short-Term Debt & Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.44 0.87 0.86 1.72

Nxu 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


Nxu Short-Term Debt & Capital Lease Obligation Related Terms

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Nxu (NXU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nxu Inc (NAS:NXU) » Definitions » Short-Term Debt & Capital Lease Obligation
Traded in Other Exchanges
N/A
Address
1828 N Higley Road, Suite 116, Mesa, AZ, USA, 85205
Nxu Inc is engaged in Research & development, and manufacturing of Scalable battery packs. The company is making 15-minute charge times possible for the most demanding equipment and vehicle applications. It has Increased energy density, packaging efficiency, and superior thermodynamics making Qcells the solution to today's electrification problem. The company's Products include Qcell, Qube, and Qube Plus.
Executives
Gem Global Yield Llc Scs 10 percent owner 12C, RUE GUILLAUME J. KROLL, LUXEMBOURG N4 L-1882
Jessica Billingsley director AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706
Caryn M. Nightengale director C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Annie Pratt director, 10 percent owner, officer: President C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Apoorv Dwivedi officer: Chief Financial Officer C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Mark Hanchett director, 10 percent owner, officer: Chief Executive Officer C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Kate Sieker officer: VP of People C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Bourgeois Benoit Le officer: VP of User Experience C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Charles David Apps officer: VP of Operations C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205