SSP Group (SSP Group) Long-Term Capital Lease Obligation : $961 Mil (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is SSP Group Long-Term Capital Lease Obligation?

SSP Group's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $961 Mil.

SSP Group's quarterly Long-Term Capital Lease Obligation increased from Sep. 2022 ($723 Mil) to Mar. 2023 ($735 Mil) and increased from Mar. 2023 ($735 Mil) to Sep. 2023 ($961 Mil).

SSP Group's annual Long-Term Capital Lease Obligation declined from Sep. 2021 ($1,199 Mil) to Sep. 2022 ($723 Mil) but then increased from Sep. 2022 ($723 Mil) to Sep. 2023 ($961 Mil).

SSP Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for SSP Group'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.

SSP Group Long-Term Capital Lease Obligation Chart

SSP Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.74

1,373.32

1,199.04

722.65

960.89

SSP Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,199.04	816.73	722.65	734.83	960.89

SSP Group (OTCPK:SSPPF) 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.

SSP Group Long-Term Capital Lease Obligation Related Terms

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

SSP Group (SSP Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » SSP Group PLC (OTCPK:SSPPF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SSPGl:UK SSPG:UK

Address

32 Jamestown Road, London, GBR, NW1 7HW

Website

https://www.foodtravelexperts.com

SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK, Continental Europe, North America and the APAC and EEME.