MoneyGram International (MoneyGram International) Long-Term Capital Lease Obligation : $44 Mil (As of Mar. 2023)

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What is MoneyGram International Long-Term Capital Lease Obligation?

MoneyGram International's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was $44 Mil.

MoneyGram International's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 ($46 Mil) to Dec. 2022 ($45 Mil) and declined from Dec. 2022 ($45 Mil) to Mar. 2023 ($44 Mil).

MoneyGram International's annual Long-Term Capital Lease Obligation declined from Dec. 2020 ($59 Mil) to Dec. 2021 ($56 Mil) and declined from Dec. 2021 ($56 Mil) to Dec. 2022 ($45 Mil).

MoneyGram International Long-Term Capital Lease Obligation Historical Data

The historical data trend for MoneyGram International'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.

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MoneyGram International Long-Term Capital Lease Obligation Chart

MoneyGram International Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

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54.20

59.10

56.30

45.40

MoneyGram International Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															53.50	50.20	45.80	45.40	44.00

MoneyGram International (NAS:MGI) 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.

MoneyGram International Long-Term Capital Lease Obligation Related Terms

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MoneyGram International (MoneyGram International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » MoneyGram International Inc (NAS:MGI) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

2828 North Harwood Street, 15th Floor, Dallas, TX, USA, 75201

Website

https://www.moneygram.com

MoneyGram International Inc offers products and services under its two reporting segments; Global Funds Transfer, which is the core revenue generator, and Financial Paper Products. The Global Funds Transfer segment provides global money transfer services and bill payment services to consumers. It primarily offers services through third-party agents, including retail chains, independent retailers, post offices and other financial institutions. The company also offer Digital solutions such as moneygram.com, mobile solutions, account deposit and kiosk-based services. The Financial Paper Products segment provides official check outsourcing services and money orders through financial institutions and agent locations. The group operates in the United States and other countries.

Executives

Robert L Villasenor	officer: GC, Corp Sec and CAO	2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Chris H. Russell	officer: Chief Accounting Officer	15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSOTN TX 77032
Julie Silcock	director
Adrianna E. Greenwald	officer: Chief Readiness Officer	2828 N. HARWOOD ST., 15TH FLOOR, DALLAS TX 75201
Alka Gupta	director	2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Francisco Lorca	director	2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Brian Johnson	officer: Chief Financial Officer	2828 NORTH HARWOOD ST, 15TH FLOOR, DALLAS TX 75201
Andres Villareal	officer: SVP Chief Compliance Officer	2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Lawrence Angelilli	officer: EVP Chief Financial Officer	2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Peggy Vaughan	director	2828 NORTH HARVARD STREET, 15TH FLOOR, DALLAS TX 75201
Grant A. Lines	officer: EVP Business Development	2828 NORTH HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
W Bruce Turner	director	3773 HOWARD HUGHES PKWY, SUITE 490 SOUTH, LAS VAGAS NV 89109
Michael P Rafferty	director	12700 PARK CENTRAL DRIVE SUITE 1700, DALLAS TX 75251
W. Alexander Holmes	director, officer: CEO	2828 NORTH HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Antonio O Garza	director	500 W. ILLINOIS, SUITE 100, MIDLAND TX 79701