Morningstar (FRA:MRS) Long-Term Capital Lease Obligation : €132 Mil (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Morningstar Long-Term Capital Lease Obligation?

Morningstar's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €132 Mil.

Morningstar's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€139 Mil) to Dec. 2023 (€139 Mil) and declined from Dec. 2023 (€139 Mil) to Mar. 2024 (€132 Mil).

Morningstar's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€120 Mil) to Dec. 2022 (€167 Mil) but then declined from Dec. 2022 (€167 Mil) to Dec. 2023 (€139 Mil).

Morningstar Long-Term Capital Lease Obligation Historical Data

The historical data trend for Morningstar'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.

Morningstar Long-Term Capital Lease Obligation Chart

Morningstar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

124.83

113.19

120.10

166.81

138.83

Morningstar Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															159.06	147.96	139.33	138.83	132.30

Morningstar (FRA:MRS) 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.

Morningstar Long-Term Capital Lease Obligation Related Terms

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

Morningstar (FRA:MRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Morningstar Inc (FRA:MRS) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

MORN:USA

Address

22 West Washington Street, Chicago, IL, USA, 60602

Website

https://www.morningstar.com

Morningstar Inc is a provider of independent investment research to financial advisers, asset managers, and investors. The company focuses its operations on two core sectors: data and research. It offers data on investments such as mutual funds, stocks, exchange-traded funds, closed-end funds, separate accounts, and variable annuities. Further, the company tracks real-time market data of equity, derivative, and currency exchanges and other investments. In its research operation, Morningstar offers analyst research on passive and active mutual funds, alternative funds, and college saving plans. Morningstar's largest share of revenue is generated in the United States of America.

Morningstar (FRA:MRS) Headlines

No Headlines