News (NWSA) Long-Term Capital Lease Obligation

: $1,095 Mil (As of Dec. 2023)

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News's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,095 Mil.

News's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($1,143 Mil) to Sep. 2023 ($1,081 Mil) but then increased from Sep. 2023 ($1,081 Mil) to Dec. 2023 ($1,095 Mil).

News's annual Long-Term Capital Lease Obligation declined from Jun. 2021 ($1,188 Mil) to Jun. 2022 ($987 Mil) but then increased from Jun. 2022 ($987 Mil) to Jun. 2023 ($1,143 Mil).

News Long-Term Capital Lease Obligation Historical Data

The historical data trend for News'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.

News Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

1,236.00

1,188.00

987.00

1,143.00

News 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																1,120.00	1,113.00	1,143.00	1,081.00	1,095.00

News (NAS:NWSA) 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.

News Long-Term Capital Lease Obligation Related Terms

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News (NWSA) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

NWS:USA NC0B:Germany NC0E:Germany NC0B:Germany NWSLV:Australia NWS:Australia

Address

1211 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.newscorp.com

News Corporation is a diversified media conglomerate with significant presence in the U.S, the U.K., and Australia. Key mastheads include The Wall Street Journal, Herald Sun, and The Times. The company also has a strong presence in the Australian pay-TV market through Fox Sports and Foxtel (both 65%-owned), while its 61%-owned REA Group is the dominant real estate classified business in Australia. In addition, it owns HarperCollins, one of the largest book publishers in the world, and also has a substantial digital property advertising business (Move) in the U.S.

Executives

Marygrace Degrazio	officer: Chief Accounting Officer	1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Kelly Ayotte	director	C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Susan Panuccio	officer: Chief Financial Officer	C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
David B Pitofsky	officer: General Counsel	C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Kevin Halpin	officer: Deputy Chief Financial Officer	1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Joel Klein	director	C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
James R Murdoch	director	C/O LUPA SYSTEMS, 363 LAFAYETTE STREET, NEW YORK NY 10022
John Elkann	director	1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003
Elaine L. Chao	director	C/O DOLE FOOD COMPANY, INC., ONE DOLE DRIVE, WESTLAKE VILLAGE CA 91362
Ana Paula Pessoa	director	1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003
Masroor Siddiqui	director	1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003
Natalie Bancroft	director	C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jose Maria Aznar	director	C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Lachlan K Murdoch	director	C/O NEWS AMERICA INCORPORATED, 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