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G4S (GFSZY) Long-Term Capital Lease Obligation : $262 Mil (As of Jun. 2020)


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What is G4S Long-Term Capital Lease Obligation?

G4S's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2020 was $262 Mil.

G4S's quarterly Long-Term Capital Lease Obligation declined from Jun. 2019 ($293 Mil) to Dec. 2019 ($290 Mil) and declined from Dec. 2019 ($290 Mil) to Jun. 2020 ($262 Mil).

G4S's annual Long-Term Capital Lease Obligation declined from Dec. 2017 ($525 Mil) to Dec. 2018 ($420 Mil) and declined from Dec. 2018 ($420 Mil) to Dec. 2019 ($290 Mil).


G4S Long-Term Capital Lease Obligation Historical Data

The historical data trend for G4S'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.

G4S Long-Term Capital Lease Obligation Chart

G4S Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.37 46.19 525.47 420.25 289.65

G4S Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 29.26 420.25 292.78 289.65 261.58

G4S  (OTCPK:GFSZY) 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.

G4S Long-Term Capital Lease Obligation Related Terms

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G4S (GFSZY) Business Description

Industry
Traded in Other Exchanges
N/A
Address
105 Victoria Street, 5th Floor, Southside, London, GBR, SW1E 6QT
G4S is a multinational security services company and constituent of the FTSE 250 Index. The company was formed through a series of large mergers, most notably in 2004 when British Securicor and Danish Group 4 Falck merged. G4S is now the world's largest security company and has operations in around 90 countries. With over 550,000 employees, it is also the world's third- largest private employer. The company offers a range of services from the supply of security personnel and response units to risk consulting and prison management.

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