GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Spheria Emerging Co Ltd (ASX:SEC) » Definitions » Long-Term Capital Lease Obligation

Spheria Emerging Co (ASX:SEC) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Spheria Emerging Co Long-Term Capital Lease Obligation?

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


Spheria Emerging Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Spheria Emerging Co'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.

Spheria Emerging Co Long-Term Capital Lease Obligation Chart

Spheria Emerging Co Annual Data
Trend Aug17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - - -

Spheria Emerging Co Semi-Annual Data
Aug17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Spheria Emerging Co  (ASX:SEC) 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.

Spheria Emerging Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Spheria Emerging Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Spheria Emerging Co Business Description

Traded in Other Exchanges
N/A
Address
264 George Street, Level 25, Sydney, NSW, AUS, 2000
Spheria Emerging Co Ltd is an investment management company focus specializing in small and microcap companies. The company's investment objective is to provide total returns over the Benchmark; and capital growth, over each full investment cycle. the company operates in a single segment which is investment activities & Geographically it operates from Australia only.

Spheria Emerging Co Headlines

No Headlines