Peter Warren Automotive Holdings (ASX:PWR) Long-Term Capital Lease Obligation : A$0 Mil (As of Dec. 2023)

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What is Peter Warren Automotive Holdings Long-Term Capital Lease Obligation?

Peter Warren Automotive Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0 Mil.

Peter Warren Automotive Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (A$0 Mil) to Jun. 2023 (A$202 Mil) but then declined from Jun. 2023 (A$202 Mil) to Dec. 2023 (A$0 Mil).

Peter Warren Automotive Holdings's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (A$135 Mil) to Jun. 2022 (A$209 Mil) but then declined from Jun. 2022 (A$209 Mil) to Jun. 2023 (A$202 Mil).

Peter Warren Automotive Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Peter Warren Automotive Holdings'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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Peter Warren Automotive Holdings Long-Term Capital Lease Obligation Chart

Peter Warren Automotive Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

135.15

209.46

201.70

Peter Warren Automotive Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	209.46	-	201.70	-

Peter Warren Automotive Holdings (ASX:PWR) 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.

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Peter Warren Automotive Holdings (ASX:PWR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Peter Warren Automotive Holdings Ltd (ASX:PWR) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

13 Hume Highway, Warwick Farm, Sydney, NSW, AUS, 2170

Website

https://www.peterwarren.com.au

Peter Warren Automotive Holdings Ltd is a dealership group operating in Australia. The company operates an integrated new and used car retailing business providing the full range of sales and support including parts, service, finance and insurance and aftermarket products to an extensive list of long-term customers, many of whom have purchased multiple vehicles over a life time. The company has two operating segments Vehicle Retailing and property segment, The company generates the majority of its revenue from the Vehicle Retailing segment, which offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle maintenance and repair services, vehicle parts, extended service contracts, vehicle protection products, and other aftermarket products.