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Platinum Capital (ASX:PMC) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2024)


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What is Platinum Capital Long-Term Capital Lease Obligation?

Platinum Capital's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil.


Platinum Capital Long-Term Capital Lease Obligation Historical Data

The historical data trend for Platinum Capital'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.

Platinum Capital Long-Term Capital Lease Obligation Chart

Platinum Capital Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Long-Term Capital Lease Obligation
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Platinum Capital Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Platinum Capital  (ASX:PMC) 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.

Platinum Capital Long-Term Capital Lease Obligation Related Terms

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Platinum Capital Business Description

Traded in Other Exchanges
N/A
Address
7 Macquarie Place, Level 8, Sydney, NSW, AUS, 2000
Platinum Capital Ltd is an Australian close-ended investment company with its investment objectives to deliver attractive returns to shareholders over time, made up of capital growth and fully-franked dividends, and contain capital losses by mitigating the impact of market downturns. It focuses on investing in securities of a company, of which business and growth are undervalued. The investment manager of the company adopts a bottom-up stock selection methodology through which long-term capital growth is sought by investing in undervalued securities, cash and actively managed currency as well as it seeks to earn absolute returns. Its portfolio includes equities and derivatives, forward currency contracts and overseas bank accounts.

Platinum Capital Headlines

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