Alloggio Group (ASX:ALO) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2022)

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What is Alloggio Group Long-Term Capital Lease Obligation?

Alloggio Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was A$0.00 Mil.

Alloggio Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2021 (A$0.00 Mil) to Jun. 2022 (A$39.14 Mil) but then declined from Jun. 2022 (A$39.14 Mil) to Dec. 2022 (A$0.00 Mil).

Alloggio Group's annual Long-Term Capital Lease Obligation increased from . 20 (A$0.00 Mil) to Jun. 2021 (A$29.85 Mil) and increased from Jun. 2021 (A$29.85 Mil) to Jun. 2022 (A$39.14 Mil).

Alloggio Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Alloggio Group'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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Alloggio Group Long-Term Capital Lease Obligation Chart

Alloggio Group Annual Data

Trend

Jun21

Jun22

Long-Term Capital Lease Obligation

29.85

39.14

Alloggio Group Semi-Annual Data
	Dec21	Jun22	Dec22
Long-Term Capital Lease Obligation	-	39.14	-

Alloggio Group (ASX:ALO) 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.

Alloggio Group Long-Term Capital Lease Obligation Related Terms

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Alloggio Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Alloggio Group Ltd (ASX:ALO) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

840 Hunter Street, Newcastle, NSW, AUS, 2300

Website

https://www.alloggio.com.au

Alloggio Group Ltd is an operator of short-term rental accommodation on the east coast of Australia with a current portfolio of over 879 holiday properties and approx 13 mid-market hotels which comprise of aorund 428 rooms.