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Pengana International Equities Limited (ASX:PIA) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2023)


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What is Pengana International Equities Limited Long-Term Capital Lease Obligation?

Pengana International Equities Limited's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil.


Pengana International Equities Limited Long-Term Capital Lease Obligation Historical Data

The historical data trend for Pengana International Equities Limited'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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Pengana International Equities Limited Long-Term Capital Lease Obligation Chart

Pengana International Equities Limited Annual Data
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Long-Term Capital Lease Obligation
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Pengana International Equities Limited Semi-Annual Data
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Pengana International Equities Limited  (ASX:PIA) 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.

Pengana International Equities Limited Long-Term Capital Lease Obligation Related Terms

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Pengana International Equities Limited (ASX:PIA) Business Description

Traded in Other Exchanges
N/A
Address
1 Farrer Place, Suite 1, Level 27, Grosvenor Phillip Tower, Sydney, NSW, AUS, 2000
Pengana International Equities Limited, formerly Hunter Hall Global Value Ltd is an investment holding company investing in medium and long-term concentrated portfolio, predominantly in international and ASX listed securities. The company operates in one business segment, being an investment in securities. Its objective is to provide investors with superior returns over the medium to long term by investing in high-quality stocks that are perceived to be undervalued.

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