Warner Music Group (BSP:W1MG34) Long-Term Capital Lease Obligation : R$1,190 Mil (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Warner Music Group Long-Term Capital Lease Obligation?

Warner Music Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$1,190 Mil.

Warner Music Group's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (R$1,259 Mil) to Dec. 2023 (R$1,220 Mil) and declined from Dec. 2023 (R$1,220 Mil) to Mar. 2024 (R$1,190 Mil).

Warner Music Group's annual Long-Term Capital Lease Obligation declined from Sep. 2021 (R$1,515 Mil) to Sep. 2022 (R$1,264 Mil) and declined from Sep. 2022 (R$1,264 Mil) to Sep. 2023 (R$1,259 Mil).

Warner Music Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Warner Music 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.

* Premium members only.

Warner Music Group Long-Term Capital Lease Obligation Chart

Warner Music Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1,614.60

1,515.07

1,263.71

1,259.37

Warner Music Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,286.52	1,281.38	1,259.37	1,220.05	1,190.17

Warner Music Group (BSP:W1MG34) 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.

Warner Music Group Long-Term Capital Lease Obligation Related Terms

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

Warner Music Group (BSP:W1MG34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Warner Music Group Corp (BSP:W1MG34) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

WMG:USA WA4:Germany WMG:Austria

Address

1633 Broadway, New York, NY, USA, 10019

Website

https://www.wmg.com

Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over 1 million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.

Warner Music Group (BSP:W1MG34) Headlines

No Headlines