CAles Holdings (JSE:CAA) Long-Term Capital Lease Obligation : R178 Mil (As of Dec. 2023)

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What is CAles Holdings Long-Term Capital Lease Obligation?

CAles Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R178 Mil.

CAles Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (R155 Mil) to Jun. 2023 (R0 Mil) but then increased from Jun. 2023 (R0 Mil) to Dec. 2023 (R178 Mil).

CAles Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (R45 Mil) to Dec. 2022 (R155 Mil) and increased from Dec. 2022 (R155 Mil) to Dec. 2023 (R178 Mil).

CAles Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for CAles Holdings'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.

CAles Holdings Long-Term Capital Lease Obligation Chart

CAles Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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59.59

55.79

44.79

154.60

178.26

CAles Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial						44.79	-	154.60	-	178.26

CAles Holdings (JSE:CAA) 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.

CAles Holdings Long-Term Capital Lease Obligation Related Terms

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CAles Holdings (JSE:CAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CA Sales Holdings Ltd (JSE:CAA) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CAS:Botswana

Address

254 Hall Street, 1st Floor, Building C, Westend Office Park, Centurion, GT, ZAF, 0157

Website

https://www.casholdings.co.za

CA Sales Holdings Ltd operates within the Fast-Moving Consumer Goods industry and delivers services to blue chip manufacturers. The services include warehousing and distribution, retail execution and advisory, retail support, training, and technology and data solutions. The company's geographical presence across Southern Africa operating in Botswana, Eswatini, Lesotho, Mauritius, Namibia, South Africa, Zambia and Zimbabwe. It generates maximum revenue from Botswana region.

CAles Holdings (JSE:CAA) Headlines

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