LBG Media (FRA:S83) Long-Term Capital Lease Obligation : €3.45 Mil (As of Dec. 2023)

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What is LBG Media Long-Term Capital Lease Obligation?

LBG Media's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.45 Mil.

LBG Media's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€2.25 Mil) to Jun. 2023 (€1.66 Mil) but then increased from Jun. 2023 (€1.66 Mil) to Dec. 2023 (€3.45 Mil).

LBG Media's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€3.12 Mil) to Dec. 2022 (€2.25 Mil) but then increased from Dec. 2022 (€2.25 Mil) to Dec. 2023 (€3.45 Mil).

LBG Media Long-Term Capital Lease Obligation Historical Data

The historical data trend for LBG Media'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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LBG Media Long-Term Capital Lease Obligation Chart

LBG Media Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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5.49

4.08

3.12

2.25

3.45

LBG Media Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial					3.12	2.88	2.25	1.66	3.45

LBG Media (FRA:S83) 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.

LBG Media Long-Term Capital Lease Obligation Related Terms

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LBG Media (FRA:S83) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » LBG Media PLC (FRA:S83) » Definitions » Long-Term Capital Lease Obligation

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LBG:UK

Address

20 Dale Street, Manchester, GBR, M1 1EZ

Website

https://www.lbgmedia.co.uk

LBG Media PLC is a UK-based digital media and youth content publisher, utilizing both in-house content and content from third parties to generate interactions with its audience of over one billion per annum. The company produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience.

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