Moody's (Moody's) Long-Term Capital Lease Obligation : $306 Mil (As of Dec. 2023)

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What is Moody's Long-Term Capital Lease Obligation?

Moody's's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $306 Mil.

Moody's's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($344 Mil) to Sep. 2023 ($316 Mil) and declined from Sep. 2023 ($316 Mil) to Dec. 2023 ($306 Mil).

Moody's's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($455 Mil) to Dec. 2022 ($368 Mil) and declined from Dec. 2022 ($368 Mil) to Dec. 2023 ($306 Mil).

Moody's Long-Term Capital Lease Obligation Historical Data

The historical data trend for Moody's'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.

Moody's Long-Term Capital Lease Obligation Chart

Moody's Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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485.00

427.00

455.00

368.00

306.00

Moody's 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															368.00	349.00	344.00	316.00	306.00

Moody's (NYSE:MCO) 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.

Moody's Long-Term Capital Lease Obligation Related Terms

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Moody's (Moody's) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Moody's Corporation (NYSE:MCO) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

MCO:Mexico DUT:Germany DUT:Germany MCOR34:Brazil

Address

7 World Trade Center at 250 Greenwich Street, New York, NY, USA, 10007

Website

https://www.moodys.com

Moody's, along with S&P Ratings, is a leading provider of credit ratings on fixed-income securities. The ratings segment, Moody's Investors Service, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm's revenue and profits. The other segment, Moody's Analytics, consists of research, data, and analytics as well as enterprise risk solutions. RD&A's products include credit research, quantitative credit scores, economic research, business intelligence, know-your-customer tools, commercial real estate data and analytical tools, and training services. ERS includes risk-management software solutions for financial institutions.

Executives

Robert Fauber	director, officer: President and CEO	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Michael L West	officer: President, Moody's Investors	7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Richard G Steele	officer: SVP - General Counsel	C/O MOODY'S CORPORATION, 7 WORLD TRADE CENTER AT 250 GREENWICH ST, NEW YORK NY 10007
Kathryn Hill	director	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Lloyd Jr Howell	director	8283 GREENSBORO DRIVE, MCLEAN VA 22102
Vincent A Forlenza	director	C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
Jorge A. Bermudez	director	CORPORATE LAW DEPT., CITIGROUP INC., 425 PARK AVENUE, NEW YORK NY 10043
Jose Minaya	director	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Saun Bruce Van	director	CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD, STAMFORD CT 06901
Leslie Seidman	director	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Therese Esperdy	director	7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Caroline Sullivan	officer: SVP - Corporate Controller	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Mark Kaye	officer: EVP & Chief Financial Officer	7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Raymond W Mcdaniel	director, officer: Executive Vice President	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Stephen T Tulenko	officer: President, Moody's Analytics	7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007