GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hamilton Insurance Group Ltd (NYSE:HG) » Definitions » Long-Term Capital Lease Obligation

Hamilton Insurance Group (Hamilton Insurance Group) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Hamilton Insurance Group Long-Term Capital Lease Obligation?

Hamilton Insurance Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil.

Hamilton Insurance Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hamilton Insurance 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.

Hamilton Insurance Group Long-Term Capital Lease Obligation Chart

Hamilton Insurance Group Annual Data
Trend Nov20 Nov21 Dec22 Dec23
Long-Term Capital Lease Obligation
- - - -

Hamilton Insurance Group Quarterly Data
Nov20 Nov21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Hamilton Insurance Group  (NYSE:HG) 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.

Hamilton Insurance Group Long-Term Capital Lease Obligation Related Terms

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

Hamilton Insurance Group (Hamilton Insurance Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hamilton Insurance Group Ltd (NYSE:HG) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
Traded in Other Exchanges
QN0:Germany
Address
90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Website
https://www.hamiltongroup.com
Hamilton Insurance Group Ltd is a Global specialty insurance and reinsurance company. It operates globally, with underwriting operations in Lloyd's, Ireland, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select and Hamilton Re) that are categorized into two reporting business segments (International and Bermuda).