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DMA (Destra Multi-Alternative Fund) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2024)


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What is Destra Multi-Alternative Fund Long-Term Capital Lease Obligation?

Destra Multi-Alternative Fund's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil.


Destra Multi-Alternative Fund Long-Term Capital Lease Obligation Historical Data

The historical data trend for Destra Multi-Alternative Fund'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.

Destra Multi-Alternative Fund Long-Term Capital Lease Obligation Chart

Destra Multi-Alternative Fund Annual Data
Trend Feb22 Mar23 Mar24
Long-Term Capital Lease Obligation
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Destra Multi-Alternative Fund Semi-Annual Data
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Long-Term Capital Lease Obligation Get a 7-Day Free Trial - - - - -

Destra Multi-Alternative Fund  (NYSE:DMA) 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.

Destra Multi-Alternative Fund Long-Term Capital Lease Obligation Related Terms

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Destra Multi-Alternative Fund Business Description

Traded in Other Exchanges
N/A
Address
443 North Willson Avenue, Bozeman, MT, USA, 59715
Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company that operates as an interval fund with a continuous offering of fund shares. The investment objective of the fund is to seek returns from capital appreciation and income with an emphasis on income generation.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Randi Jean Roessler officer: Chief Compliance Officer C/O DESTRA MULTI ALTERNATIVE FUND, 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Robert A. Watson officer: PRESIDENT 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Zach Leeds other: Assistant Portfolio Manager 1710 LARKIN ST, #11, SAN FRANCISCO CA 94109
Kenneth B. Merritt officer: Assistant Secretary 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Gossard Cory J officer: Chief Compliance Officer C/O PINE ADVISER SOLUTIONS, 501 S. CHERRY STREET, SUITE 1090, DENVER CO 80246
Jacob G. Schultz officer: Secretary 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Marcie Mcveigh officer: Assistant Treasurer 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Derek Jason Mullins officer: CFO and Treasurer C/O PINE ADVISOR SOLUTIONS, 501 S. CHERRY ST., SUITE 1090, DENVER CO 80246
Nicholas Dalmaso director 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Michael Erickson director C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
Jeffrey S. Murphy director C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
John Scott Emrich director C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
Aaron Jay Rosen other: Advior Affiliate 10655 CALLE MAR DE MARIPOSA #4101, SAN DIEGO CA 92130