DAMAC Properties Dubai Co PJSC (DFM:DAMAC) Long-Term Capital Lease Obligation : د.إ65 Mil (As of Dec. 2021)

View and export this data going back to 2015. Start your Free Trial

What is DAMAC Properties Dubai Co PJSC Long-Term Capital Lease Obligation?

DAMAC Properties Dubai Co PJSC's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2021 was د.إ65 Mil.

DAMAC Properties Dubai Co PJSC's quarterly Long-Term Capital Lease Obligation increased from Jun. 2021 (د.إ69 Mil) to Sep. 2021 (د.إ70 Mil) but then declined from Sep. 2021 (د.إ70 Mil) to Dec. 2021 (د.إ65 Mil).

DAMAC Properties Dubai Co PJSC's annual Long-Term Capital Lease Obligation declined from Dec. 2019 (د.إ93 Mil) to Dec. 2020 (د.إ65 Mil) and declined from Dec. 2020 (د.إ65 Mil) to Dec. 2021 (د.إ65 Mil).

DAMAC Properties Dubai Co PJSC Long-Term Capital Lease Obligation Historical Data

The historical data trend for DAMAC Properties Dubai Co PJSC'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.

DAMAC Properties Dubai Co PJSC Long-Term Capital Lease Obligation Chart

DAMAC Properties Dubai Co PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

93.37

65.31

65.12

DAMAC Properties Dubai Co PJSC Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															65.31	66.89	68.50	70.15	65.12

DAMAC Properties Dubai Co PJSC (DFM:DAMAC) 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.

DAMAC Properties Dubai Co PJSC Long-Term Capital Lease Obligation Related Terms

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

DAMAC Properties Dubai Co PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » DAMAC Properties Dubai Co PJSC (DFM:DAMAC) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

SHSE:600639 SHSE:600325 OSTO:ATRLJ B XTAE:GVYM TPE:2542 HKSE:09993 SHSE:600376 HKSE:00813 SHSE:600773 SZSE:002146

Traded in Other Exchanges

N/A

Address

Al Barsha Heights (Tecom), P.O. Box 2195, Executive Heights Building, Dubai, ARE

Website

https://www.damacproperties.com

DAMAC Properties Dubai Co PJSC along with its subsidiaries is engaged in the development of properties in the Middle East. It develops high-end and luxury residential, commercial and leisure properties across the UAE and internationally. The company derives a majority of revenue from the UAE region.

DAMAC Properties Dubai Co PJSC Headlines

No Headlines