Aitken Spence Hotel Holdings (COL:AHUN.N0000) Long-Term Capital Lease Obligation : රු12,349 Mil (As of Dec. 2023)

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What is Aitken Spence Hotel Holdings Long-Term Capital Lease Obligation?

Aitken Spence Hotel Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු12,349 Mil.

Aitken Spence Hotel Holdings's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (රු12,485 Mil) to Sep. 2023 (රු12,708 Mil) but then declined from Sep. 2023 (රු12,708 Mil) to Dec. 2023 (රු12,349 Mil).

Aitken Spence Hotel Holdings's annual Long-Term Capital Lease Obligation increased from Mar. 2021 (රු9,991 Mil) to Mar. 2022 (රු13,483 Mil) and increased from Mar. 2022 (රු13,483 Mil) to Mar. 2023 (රු13,588 Mil).

Aitken Spence Hotel Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Aitken Spence Hotel 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.

* Premium members only.

Aitken Spence Hotel Holdings Long-Term Capital Lease Obligation Chart

Aitken Spence Hotel Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

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1,302.02

8,609.27

9,990.83

13,483.05

13,588.05

Aitken Spence Hotel Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															15,604.78	13,588.05	12,485.04	12,708.43	12,349.26

Aitken Spence Hotel Holdings (COL:AHUN.N0000) 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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Aitken Spence Hotel Holdings (COL:AHUN.N0000) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Aitken Spence Hotel Holdings PLC (COL:AHUN.N0000) » Definitions » Long-Term Capital Lease Obligation

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Address

No. 315, Vauxhall Street, Level 5, Aitken Spence Tower II, Colombo, LKA, 2

Website

https://www.aitkenspencehotels.com

Aitken Spence Hotel Holdings PLC is involved in the lodging business sector. The company has a chain of hotels and resorts under two brands that are Heritance Hotels and Resorts and Adaaran Resorts and Spa and manages hotels in two areas that are Sri Lanka and South Asia and Middle East. The South Asian sector generates majority revenue for the company.

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