Newmark Group (FRA:NMB) Long-Term Capital Lease Obligation : €523 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Newmark Group Long-Term Capital Lease Obligation?

Newmark Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €523 Mil.

Newmark Group's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€572 Mil) to Dec. 2023 (€548 Mil) and declined from Dec. 2023 (€548 Mil) to Mar. 2024 (€523 Mil).

Newmark Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€519 Mil) to Dec. 2022 (€592 Mil) but then declined from Dec. 2022 (€592 Mil) to Dec. 2023 (€548 Mil).

Newmark Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Newmark Group'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.

Newmark Group Long-Term Capital Lease Obligation Chart

Newmark Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

205.15

179.71

518.67

591.97

548.41

Newmark Group 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															609.23	589.19	571.72	548.41	522.60

Newmark Group (FRA:NMB) 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.

Newmark Group Long-Term Capital Lease Obligation Related Terms

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

Newmark Group (FRA:NMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Newmark Group Inc (FRA:NMB) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

NMRK:USA

Address

125 Park Avenue, New York, NY, USA, 10017

Website

https://www.nmrk.com

Newmark Group Inc is a commercial real estate advisory firm. It offers services, including leasing and corporate advisory services, investment sales, commercial mortgage brokerage, appraisal and valuation, project management, and property, among others. Newmark offers a diverse array of integrated services and products designed to meet the full needs of both real estate investors/owners and occupiers. The company provides real estate strategic consulting and systems integration services to CFI's global clients including many Fortune 500 and Forbes Global 2000 companies, owner-occupiers, government agencies, healthcare and higher education clients.

Newmark Group (FRA:NMB) Headlines

No Headlines