Switch to:

Fox Long-Term Capital Lease Obligation

: $432 Mil (As of Sep. 2020)
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 Sep. 2020 was $432 Mil.

Fox's quarterly Long-Term Capital Lease Obligation increased from Mar. 2020 ($431 Mil) to Jun. 2020 ($452 Mil) but then declined from Jun. 2020 ($452 Mil) to Sep. 2020 ($432 Mil).

Fox's annual Long-Term Capital Lease Obligation stayed the same from Jun. 2018 ($0 Mil) to Jun. 2019 ($0 Mil) but then increased from Jun. 2019 ($0 Mil) to Jun. 2020 ($452 Mil).

Fox Long-Term Capital Lease Obligation Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Fox Annual Data
Jun16 Jun17 Jun18 Jun19 Jun20
Long-Term Capital Lease Obligation 0.00 0.00 0.00 0.00 452.00

Fox Quarterly Data
Jun16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 460.00 429.00 431.00 452.00 432.00

Fox  (NAS:FOXA) 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

Fox Long-Term Capital Lease Obligation Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)