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oOh media (ASX:OML) Long-Term Capital Lease Obligation : A$566.1 Mil (As of Dec. 2023)


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What is oOh media Long-Term Capital Lease Obligation?

oOh media's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$566.1 Mil.

oOh media's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (A$609.7 Mil) to Jun. 2023 (A$0.0 Mil) but then increased from Jun. 2023 (A$0.0 Mil) to Dec. 2023 (A$566.1 Mil).

oOh media's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (A$649.6 Mil) to Dec. 2022 (A$609.7 Mil) and declined from Dec. 2022 (A$609.7 Mil) to Dec. 2023 (A$566.1 Mil).


oOh media Long-Term Capital Lease Obligation Historical Data

The historical data trend for oOh media'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.

oOh media Long-Term Capital Lease Obligation Chart

oOh media 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 681.75 645.13 649.60 609.74 566.07

oOh media Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 649.60 - 609.74 - 566.07

oOh media  (ASX:OML) 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.

oOh media Long-Term Capital Lease Obligation Related Terms

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oOh media (ASX:OML) Business Description

Traded in Other Exchanges
Address
73 Miller Street, Level 2, North Sydney, Sydney, NSW, AUS, 2060
OOh media operates a network of outdoor advertising sites with a commanding share of the Australian market, and also has a large presence in New Zealand. It boasts a diverse portfolio of locations to service the needs of outdoor marketers, and is particularly strong in the roadside billboard and retail (such as shopping malls) segments. OOh media offers these services by entering into lease arrangements with owners of outdoor sites--effectively an intermediary allowing site owners to monetize their visible space in high-traffic areas. In late September 2018, the group completed the acquisition of Adshel from HT&E for AUD 570 million, a deal that cements its competitive position in the face of industry consolidation.

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