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Regional Management (FRA:46F) Long-Term Capital Lease Obligation : €34.6 Mil (As of Jun. 2024)


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What is Regional Management Long-Term Capital Lease Obligation?

Regional Management's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was €34.6 Mil.

Regional Management's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (€33.5 Mil) to Mar. 2024 (€32.8 Mil) but then increased from Mar. 2024 (€32.8 Mil) to Jun. 2024 (€34.6 Mil).

Regional Management's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€27.2 Mil) to Dec. 2022 (€34.7 Mil) but then declined from Dec. 2022 (€34.7 Mil) to Dec. 2023 (€33.5 Mil).


Regional Management Long-Term Capital Lease Obligation Historical Data

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

Regional Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.62 24.00 27.17 34.66 33.54

Regional Management Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.29 34.76 33.54 32.83 34.64

Regional Management  (FRA:46F) 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.

Regional Management Long-Term Capital Lease Obligation Related Terms

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Regional Management Business Description

Traded in Other Exchanges
Address
979 Batesville Road, Suite B, Greer, SC, USA, 29651
Regional Management Corp is a diversified consumer finance company that provides installment loan products to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders. It is engaged in consumer finance. The company has the core products which are small and large installment loans. The company also offers optional payment and collateral protection insurance. The company's principal source of revenue is interest and fee income on outstanding loans.

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