Schroders (CHIX:SDRL) Long-Term Capital Lease Obligation : £319 Mil (As of Dec. 2023)

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What is Schroders Long-Term Capital Lease Obligation?

Schroders's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £319 Mil.

Schroders's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (£361 Mil) to Jun. 2023 (£341 Mil) and declined from Jun. 2023 (£341 Mil) to Dec. 2023 (£319 Mil).

Schroders's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (£343 Mil) to Dec. 2022 (£361 Mil) but then declined from Dec. 2022 (£361 Mil) to Dec. 2023 (£319 Mil).

Schroders Long-Term Capital Lease Obligation Historical Data

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

Schroders Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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388.20

361.30

342.60

361.00

318.70

Schroders Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															342.60	373.50	361.00	340.80	318.70

Schroders (CHIX:SDRl) 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.

Schroders Long-Term Capital Lease Obligation Related Terms

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Schroders (CHIX:SDRL) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Schroders PLC (CHIX:SDRl) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

SHNWF:USA SDR:UK PYXB:Germany

Address

1 London Wall Place, London, GBR, EC2Y 5AU

Website

https://www.schroders.com

Schroders is an independent, U.K.-based, active asset manager founded in 1804. The bulk of Schroders' client assets are from institutions, but its retail operations are more profitable. Schroders has also increasingly expanded its wealth management presence. The U.K. accounts for just under half of Schroders' assets under management, while continental Europe and Asia account for 20% each. In 2013 Schroders purchased the Cazenove private clients business from JP Morgan, expanding its wealth management business. It recently formed a joint venture with Lloyds Bank, Schroders Personal Wealth, to provide independent financial advice to midmarket clients. Wealth management makes up around 15% of earnings and revenue.