Aspen Insurance Holdings (FRA:BXP) Long-Term Capital Lease Obligation : €79 Mil (As of Dec. 2023)

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

What is Aspen Insurance Holdings Long-Term Capital Lease Obligation?

Aspen Insurance Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €79 Mil.

Aspen Insurance Holdings's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (€84 Mil) to Sep. 2023 (€0 Mil) but then increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€79 Mil).

Aspen Insurance Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€102 Mil) to Dec. 2022 (€90 Mil) and declined from Dec. 2022 (€90 Mil) to Dec. 2023 (€79 Mil).

Aspen Insurance Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Aspen Insurance 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.

Aspen Insurance Holdings Long-Term Capital Lease Obligation Chart

Aspen Insurance Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

101.88

87.13

101.95

90.15

78.95

Aspen Insurance Holdings Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	90.15	84.27	-	78.95

Aspen Insurance Holdings (FRA:BXP) 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.

Aspen Insurance Holdings Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Aspen Insurance Holdings's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Aspen Insurance Holdings (FRA:BXP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Aspen Insurance Holdings Ltd (FRA:BXP) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

AHLpE.PFD:USA AHLpD.PFD:USA AHLpC.PFD:USA

Address

141 Front Street, Hamilton, BMU, HM19

Website

https://www.aspen.co

Aspen Insurance Holdings Ltd is a Bermudian insurance and reinsurance company. The company operates through subsidiaries that include Aspen Insurance UK, Aspen Underwriting, Aspen Bermuda, Aspen Specialty Insurance, and Aspen American Insurance Corporation. The company also has branches in Australia, Canada, Singapore, and Switzerland. The company's business is divided into two segments: Aspen Insurance and Aspen Reinsurance. Aspen Insurance consists of property and casualty insurance, marine, aviation and energy insurance, and financial and professional lines insurance. Aspen Reinsurance comprises property catastrophe reinsurance, other property reinsurance, casualty reinsurance, and specialty reinsurance.