AIA Group (AIA Group) Long-Term Capital Lease Obligation : $365 Mil (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is AIA Group Long-Term Capital Lease Obligation?

AIA Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $365 Mil.

AIA Group's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($395 Mil) to Jun. 2023 ($0 Mil) but then increased from Jun. 2023 ($0 Mil) to Dec. 2023 ($365 Mil).

AIA Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($475 Mil) to Dec. 2022 ($395 Mil) and declined from Dec. 2022 ($395 Mil) to Dec. 2023 ($365 Mil).

AIA Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for AIA 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.

AIA Group Long-Term Capital Lease Obligation Chart

AIA Group Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

556.00

502.00

475.00

395.00

365.00

AIA Group Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															475.00	-	395.00	-	365.00

AIA Group (OTCPK:AAGIY) 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.

AIA Group Long-Term Capital Lease Obligation Related Terms

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

AIA Group (AIA Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AIA Group Ltd (OTCPK:AAGIY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

AAIGF:USA 1299:Mexico 01299:Hong Kong 7A2S:Germany 7A2:Germany 7A2:Germany

Address

No. 1 Connaught Road Central, 35th Floor, AIA Central, Hong Kong, HKG

Website

https://www.aia.com

AIA is one of the largest pan-Asian insurance providers with a wide range of products including retirement savings plans, life insurance, and accident and health insurance. The company is headquartered in Hong Kong. It was previously part of AIG and went for a separate listing in Hong Kong in 2010. The firm also provides employee benefits, credit life, and pension services to corporate clients. AIA is present in 18 markets and serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group (AIA Group) Headlines

From GuruFocus

Matthews Pacific Tiger Fund Adds 2 New Stocks to Portfolio

By Sheila Dang Sheila Dang • 05-05-2015

AIA Reports Financial Results For 2019

By PRNewswire PRNewswire • 03-12-2020

AIA ANNOUNCES 'AMPLIFY HEALTH' - A NEW HEALTH INSURTECH BUSINESS IN PARTNERSHIP WITH DISCOVERY GROUP

By PRNewswire PRNewswire • 02-15-2022

AIA Launches Major Initiative to Promote Sleep Sufficiency and Quality around the Asia-Pacific region

By PRNewswire PRNewswire • 09-16-2019