Morguard (Morguard) Long-Term Capital Lease Obligation : $126.1 Mil (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Morguard Long-Term Capital Lease Obligation?

Morguard's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $126.1 Mil.

Morguard's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($127.8 Mil) to Sep. 2023 ($125.5 Mil) but then increased from Sep. 2023 ($125.5 Mil) to Dec. 2023 ($126.1 Mil).

Morguard's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($130.1 Mil) to Dec. 2022 ($125.8 Mil) but then increased from Dec. 2022 ($125.8 Mil) to Dec. 2023 ($126.1 Mil).

Morguard Long-Term Capital Lease Obligation Historical Data

The historical data trend for Morguard'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.

Morguard Long-Term Capital Lease Obligation Chart

Morguard Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

124.87

126.83

130.10

125.83

126.07

Morguard 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															125.83	124.61	127.75	125.48	126.07

Morguard (OTCPK:MRCBF) 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.

Morguard Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Morguard's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Morguard (Morguard) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Morguard Corp (OTCPK:MRCBF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

MRC:Canada

Address

55 City Centre Drive, Suite 1000, Legal Department, Mississauga, ON, CAN, L5B 1M3

Website

https://www.morguard.com

Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through three business divisions: investments in real property, ownership in real estate investment trusts (including Morguard REIT and Morguard North American Residential REIT), and real estate advisory services and portfolio management. This advisory segment focuses on publicly traded equities and fixed-income securities for institutional clients and private investors. Morguard owns a portfolio of residential, retail, office, industrial, and hotel properties. The company also offers real estate management services and property investment advisory services.

Morguard (Morguard) Headlines

From GuruFocus

Morguard Corporation: Selling at a 30% Discount to Intrinsic Value

By Cody Eustice CodyEustice • 06-23-2014

Morguard Corp - A Deep Value Canadian Real Estate Stock

By Praveen Chawla Praveen Chawla • 03-16-2021