IHS Holding (IHS Holding) Long-Term Capital Lease Obligation

: $511 Mil (As of Dec. 2023)

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IHS Holding's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $511 Mil.

IHS Holding's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($504 Mil) to Sep. 2023 ($507 Mil) and increased from Sep. 2023 ($507 Mil) to Dec. 2023 ($511 Mil).

IHS Holding's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($326 Mil) to Dec. 2022 ($518 Mil) but then declined from Dec. 2022 ($518 Mil) to Dec. 2023 ($511 Mil).

IHS Holding Long-Term Capital Lease Obligation Historical Data

The historical data trend for IHS Holding'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.

IHS Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

167.66

286.50

325.54

518.32

510.84

IHS Holding Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation													518.32	513.53	504.12	507.01	510.84

IHS Holding (NYSE:IHS) 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.

IHS Holding Long-Term Capital Lease Obligation Related Terms

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IHS Holding (IHS Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » IHS Holding Ltd (NYSE:IHS) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

4JB:Germany

Address

123 Victoria Street, 1 Cathedral Piazza, London, GBR, SW1E 5BP

Website

https://www.ihstowers.com

IHS Holding Ltd is an independent owner, operator, and developer of shared telecommunications infrastructure. The company provides telecommunications infrastructure to its customers, most of who are MNOs, who in turn provide wireless voice and data services to their end-users. Its geographical segments are Nigeria, Sub-Saharan Africa, Middle East and North Africa (MENA), and Latin America (Latam). The majority of its revenue is derived from Nigeria.