PAE (GRSHU) Long-Term Capital Lease Obligation : $150.28 Mil (As of Sep. 2021)

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What is PAE Long-Term Capital Lease Obligation?

PAE's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2021 was $150.28 Mil.

PAE's quarterly Long-Term Capital Lease Obligation increased from Mar. 2021 ($136.47 Mil) to Jun. 2021 ($150.82 Mil) but then declined from Jun. 2021 ($150.82 Mil) to Sep. 2021 ($150.28 Mil).

PAE's annual Long-Term Capital Lease Obligation increased from Dec. 2018 ($0.00 Mil) to Dec. 2019 ($129.24 Mil) and increased from Dec. 2019 ($129.24 Mil) to Dec. 2020 ($145.57 Mil).

PAE Long-Term Capital Lease Obligation Historical Data

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

PAE Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Long-Term Capital Lease Obligation

129.24

145.57

PAE Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial										120.88	145.57	136.47	150.82	150.28

PAE (NAS:GRSHU) 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.

PAE Long-Term Capital Lease Obligation Related Terms

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PAE (GRSHU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PAE Inc (NAS:GRSHU) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

7799 Leesburg Pike, Suite 300 North, Falls Church, VA, USA, 22043

Website

https://www.pae.com

PAE Inc provides services and support to the U.S government. Its services include operational support, analysis and training, intelligence analysis support, infrastructure operations, management and maintenance, logistics and material support, security, maintenance repair and overhaul and information optimization. It operates through two primary segments Global Mission Services and National Security Solutions.

Executives

Clinton Bickett	officer: Interim President, GMS	PAE INCORPORATED 7799 LEESBURG PIKE, SUITE 300 NORTH FALLS CHURCH VA 22043
Delara Zarrabi	director	7799 LEESBURG PIKE SUITE 300 NORTH FALLS CHURCH VA 22043
Mary M. Jackson	director	7799 LEESBURG PIKE, SUITE 300 NORTH, FALLS CHURCH VA 22043
Charles Peiffer	officer: EVP & CFO
Gores Sponsor Iii Llc	director, 10 percent owner	C/O THE GORES GROUP 9800 WILSHIRE BOULEVARD BEVERLY HILLS CA 90210
John E. Heller	director, officer: President & CEO	3750 CENTERVIEW DRIVE CHANTILLY VA 20151
Cobb Paul W, Jr.	officer: EVP & GC	C/O PLATINUM EQUITY ADVISORS, LLC 360 NORTH CRESCENT DRIVE, SOUTH BUILDING BEVERLY HILLS CA 90210
Munchel Patricia M.c.	officer: EVP & CHRO	C/O PLATINUM EQUITY ADVISORS, LLC 360 NORTH CRESCENT DRIVE, SOUTH BUILDING BEVERLY HILLS CA 90210
Charles D. Anderson	officer: VP, GMS	C/O PLATINUM EQUITY ADVISORS, LLC 360 NORTH CRESCENT DRIVE, SOUTH BUILDING BEVERLY HILLS CA 90210
John P. Hendrickson	director	C/O PLATINUM EQUITY ADVISORS, LLC 360 NORTH CRESCENT DRIVE, SOUTH BUILDING BEVERLY HILLS CA 90210
Platinum Equity Capital Partners-a Iii, L.p.	10 percent owner	360 NORTH CRESCENT DRIVE BEVERLY HILLS CA 90210
Platinum Equity Capital Partners-c Iii, L.p.	10 percent owner	360 NORTH CRESCENT DRIVE BEVERLY HILLS CA 90210
Louis Samson	director	C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Capital Partners-b Iii, L.p.	10 percent owner	C/O PLATINUM EQUITY ADVISORS, LLC 360 NORTH CRESCENT DRIVE, SOUTH BUILDING BEVERLY HILLS CA 90210
Platinum Equity Capital Shay Partners I, L.p.	10 percent owner	C/O PLATINUM EQUITY ADVISORS, LLC 360 NORTH CRESCENT DRIVE, SOUTH BUILDING BEVERLY HILLS CA 90210