GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Lazard World Trust Fund (LSE:WTR) » Definitions » Long-Term Capital Lease Obligation

Lazard World Trust Fund (LSE:WTR) Long-Term Capital Lease Obligation : £0.00 Mil (As of Sep. 2018)


View and export this data going back to 1991. Start your Free Trial

What is Lazard World Trust Fund Long-Term Capital Lease Obligation?

Lazard World Trust Fund's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2018 was £0.00 Mil.


Lazard World Trust Fund Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lazard World Trust Fund'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.

Lazard World Trust Fund Long-Term Capital Lease Obligation Chart

Lazard World Trust Fund Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Lazard World Trust Fund Semi-Annual Data
Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18
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 Premium Member Only - - - - -

Lazard World Trust Fund  (LSE:WTR) 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.

Lazard World Trust Fund Long-Term Capital Lease Obligation Related Terms

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


Lazard World Trust Fund (LSE:WTR) Business Description

Traded in Other Exchanges
N/A
Address
State Street Bank Luxembourg S.C.A., 49, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855
Lazard World Trust Fund is an investment company registered in Luxembourg. Its investment objective is to achieve long-term capital appreciation by investing primarily in companies whose shares trade at a discount to the underlying net asset value. The company mainly invests in closed-end funds, investment trusts, holding companies and other companies which are traded internationally. It focuses on providing broad exposure to equity markets through investment in closed-ended funds and quoted companies. The company may use gearing and hedging by holding positions by selling short stock indices, stocks, and shares of exchange traded funds.

Lazard World Trust Fund (LSE:WTR) Headlines

No Headlines