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The PRS REIT (CHIX:PRSRL) Long-Term Capital Lease Obligation : £0.0 Mil (As of Dec. 2024)


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What is The PRS REIT Long-Term Capital Lease Obligation?

The PRS REIT's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was £0.0 Mil.


The PRS REIT Long-Term Capital Lease Obligation Historical Data

The historical data trend for The PRS REIT'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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The PRS REIT Long-Term Capital Lease Obligation Chart

The PRS REIT Annual Data
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Long-Term Capital Lease Obligation
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The PRS REIT Semi-Annual Data
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The PRS REIT  (CHIX:PRSRl) 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.

The PRS REIT Long-Term Capital Lease Obligation Related Terms

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The PRS REIT Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » The PRS REIT PLC (CHIX:PRSRl) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
Address
1 Saint Ann Street, Floor 3, Manchester, GBR, M2 7LR
The PRS REIT PLC operates as a real estate investment trust to focus on the Private Rented Sector. The company aims to provide investors with an attractive level of income together with the prospect of income and capital growth through investment in a portfolio of newly constructed private rented properties comprising mainly family homes. The company has only one operating segment named property, and the company only operates within the United Kingdom.

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