Brimstone Investment (JSE:BRT) Long-Term Capital Lease Obligation : R217 Mil (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Brimstone Investment Long-Term Capital Lease Obligation?

Brimstone Investment's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R217 Mil.

Brimstone Investment's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (R211 Mil) to Jun. 2023 (R231 Mil) but then declined from Jun. 2023 (R231 Mil) to Dec. 2023 (R217 Mil).

Brimstone Investment's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (R142 Mil) to Dec. 2022 (R211 Mil) and increased from Dec. 2022 (R211 Mil) to Dec. 2023 (R217 Mil).

Brimstone Investment Long-Term Capital Lease Obligation Historical Data

The historical data trend for Brimstone Investment'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.

Brimstone Investment Long-Term Capital Lease Obligation Chart

Brimstone Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

161.27

170.88

141.66

210.96

216.65

Brimstone Investment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															141.66	187.02	210.96	231.04	216.65

Brimstone Investment (JSE:BRT) 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.

Brimstone Investment Long-Term Capital Lease Obligation Related Terms

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

Brimstone Investment (JSE:BRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Brimstone Investment Corp Ltd (JSE:BRT) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

BRN:South Africa

Address

1st Floor, Slade House, Boundary Terraces, 1 Mariendahl Lane, Newlands, GT, ZAF, 7700

Website

https://www.brimstone.co.za

Brimstone Investment Corp Ltd is an investment holding company. The company primarily invests in various sectors, including food, financial services, healthcare, and infrastructure, among others. It is also supplementary engaged in deep-sea trawling of the groundfish species called Hake, processing of the catch into frozen and chilled seafood and the marketing of these products. The primary business segments of the Group are Food and Investments. It generates maximum revenue from the Food segment.