Frasers Hospitality Trust (SGX:ACV) Long-Term Capital Lease Obligation : S$3.0 Mil (As of Sep. 2023)

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What is Frasers Hospitality Trust Long-Term Capital Lease Obligation?

Frasers Hospitality Trust's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$3.0 Mil.

Frasers Hospitality Trust's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (S$3.0 Mil) to Mar. 2023 (S$3.0 Mil) but then increased from Mar. 2023 (S$3.0 Mil) to Sep. 2023 (S$3.0 Mil).

Frasers Hospitality Trust's annual Long-Term Capital Lease Obligation declined from Sep. 2021 (S$3.1 Mil) to Sep. 2022 (S$3.0 Mil) and declined from Sep. 2022 (S$3.0 Mil) to Sep. 2023 (S$3.0 Mil).

Frasers Hospitality Trust Long-Term Capital Lease Obligation Historical Data

The historical data trend for Frasers Hospitality Trust'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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Frasers Hospitality Trust Long-Term Capital Lease Obligation Chart

Frasers Hospitality Trust Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Long-Term Capital Lease Obligation

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2.95

3.09

3.01

2.99

Frasers Hospitality Trust Semi-Annual Data
	Dec14	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial												3.09	3.25	3.01	2.97	2.99

Frasers Hospitality Trust (SGX:ACV) 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.

Frasers Hospitality Trust Long-Term Capital Lease Obligation Related Terms

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Frasers Hospitality Trust (SGX:ACV) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Frasers Hospitality Trust (SGX:ACV) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

438 Alexandra Road, No.21-00, Alexandra Point, Singapore, SGP, 119958

Website

https://www.frasershospitalitytrust.com

Frasers Hospitality Trust, or FHT, is a global hotel and serviced residence trust that invests in income-producing real estate and real estate-related assets used mainly for hospitality purposes. Its hotels are luxury, upscale, and midscale properties. FHT's investment properties are across Singapore, Australia, Malaysia, Germany, Japan, and the United Kingdom, in cities such as Singapore, Kuala Lumpur, Kobe, Sydney, London, Edinburgh, and Glasgow. Frasers derives the majority of its revenue from its assets in Singapore and Australia. International hotel chains, such as Accor, and InterContinental manage the company's portfolio; as well as Frasers Hospitality, which is a serviced residence operator. The company business segment consist of master leases and hotel under management contract.