GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Fox Corp (NAS:FOX) » Definitions » Long-Term Capital Lease Obligation

Fox (NAS:FOX) Long-Term Capital Lease Obligation

: $896 Mil (As of Dec. 2023)
View and export this data going back to 2019. Start your Free Trial

Fox's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $896 Mil.

Fox's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($925 Mil) to Sep. 2023 ($907 Mil) and declined from Sep. 2023 ($907 Mil) to Dec. 2023 ($896 Mil).

Fox's annual Long-Term Capital Lease Obligation declined from Jun. 2021 ($409 Mil) to Jun. 2022 ($405 Mil) but then increased from Jun. 2022 ($405 Mil) to Jun. 2023 ($925 Mil).


Fox Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fox'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.

Fox Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Premium Member Only Premium Member Only Premium Member Only - 452.00 409.00 405.00 925.00

Fox 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 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 900.00 930.00 925.00 907.00 896.00

Fox  (NAS:FOX) 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.

Fox Long-Term Capital Lease Obligation Related Terms

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


Fox (NAS:FOX) Business Description

Industry
Traded in Other Exchanges
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
Fox represents the assets not sold to Disney by predecessor firm, Twenty First Century Fox, in 2019. The remaining assets include Fox News, the FOX broadcast network, FS1 and FS2, Fox Business, Big Ten Network, 28 owned and operated local television stations of which 17 are affiliated with the Fox Network, Tubi, and the Fox Studios lot. Since the Disney sale, Fox has acquired other related and unrelated assets including Credible Labs, a consumer fintech firm. The Murdoch family continues to control the successor firm, which represents a large-scale bet on the value of live sports and news in the U.S. market.
Executives
Keith Rupert Murdoch director, officer: Chairman C/O FOX CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Viet D Dinh officer: Chief Legal and Policy Officer GEORGETOWN UNIVERSITY LAW CENTER, 600 NEW JERSEY AVENUE NW, WASHINGTON DC 20001
Lachlan K Murdoch director, officer: Executive Chairman, CEO C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John Nallen officer: Chief Operating Officer C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Roland A Hernandez director 300 NORTH SAN RAFAEL AVE, PASADENA CA 91105
Jacques A Nasser director
Chase Carey director C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Steven Tomsic officer: Chief Financial Officer 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Paul D Ryan director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Anne Dias director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Cruden Financial Services Llc 10 percent owner C/O MCDONALD CARANO WILSON LLP, 100 LIBERTY STREET, RENO NV 89501
Murdoch Family Trust 10 percent owner C/O MCDONALD CARANO WILSON LLP, 100 LIBERTY STREET, RENO NV 89501
Twenty-first Century Fox, Inc. 10 percent owner 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036

Fox (NAS:FOX) Headlines

From GuruFocus

Q1 2022 Fox Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2023 Fox Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2023 Fox Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2021 Fox Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2023 Fox Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Fox Corp at UBS Global TMT Conference (Virtual) Transcript

By GuruFocus Research 01-23-2024

Q1 2023 Fox Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024