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Crawford (Crawford) Long-Term Capital Lease Obligation : $78 Mil (As of Dec. 2023)


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What is Crawford Long-Term Capital Lease Obligation?

Crawford's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $78 Mil.

Crawford's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($82 Mil) to Sep. 2023 ($80 Mil) and declined from Sep. 2023 ($80 Mil) to Dec. 2023 ($78 Mil).

Crawford's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($89 Mil) to Dec. 2022 ($85 Mil) and declined from Dec. 2022 ($85 Mil) to Dec. 2023 ($78 Mil).


Crawford Long-Term Capital Lease Obligation Historical Data

The historical data trend for Crawford's Long-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.

* Premium members only.

Crawford Long-Term Capital Lease Obligation Chart

Crawford Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.13 93.70 88.75 84.80 78.09

Crawford Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.80 84.99 82.36 80.41 78.09

Crawford  (NYSE:CRD.A) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Crawford Long-Term Capital Lease Obligation Related Terms

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Crawford (Crawford) Business Description

Industry
Traded in Other Exchanges
Address
5335 Triangle Parkway, Peachtree Corners, GA, USA, 30092
Crawford & Co provides claims and outsourcing solutions to the risk management, insurance industry, and self-insured entities. Its segments include North America Loss Adjusting; International Operations; Broadspire and Platform Solutions. The company generates maximum revenue from the International Operations segment. International Operations segment provides services to the North American property and casualty market and provides claims management services to insurance carriers and self-insured entities related to property and casualty losses.
Executives
Fred Robert Donner director GLOBAL INDEMNITY GROUP, LLC, 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Cameron M Bready director 3550 LENOX RD, ATLANTA GA 30326
Nidhi Verma officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Michael D Jones officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Van Bakel Patrick J officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Michael J Hoberman officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Andrew John Bart officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Tami E. Stevenson officer: SVP-GC & Corp Secretary 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Benedict V Burke officer: Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Inga K Beale director C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Lisa G Hannusch director C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Michelle Jarrard director C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Greta G Van officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Rohit Verma officer: EVP-Chief Operating Officer C/O CRAWFORD & COMPANY, 1001 SUMMIT BLVD, ATLANTA GA 30319
Rahul Patel director C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092

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