City Lodge Hotels (JSE:CLH) Long-Term Capital Lease Obligation : R1,393 Mil (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is City Lodge Hotels Long-Term Capital Lease Obligation?

City Lodge Hotels's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R1,393 Mil.

City Lodge Hotels's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (R1,322 Mil) to Jun. 2023 (R1,416 Mil) but then declined from Jun. 2023 (R1,416 Mil) to Dec. 2023 (R1,393 Mil).

City Lodge Hotels's annual Long-Term Capital Lease Obligation declined from Jun. 2021 (R1,366 Mil) to Jun. 2022 (R1,339 Mil) but then increased from Jun. 2022 (R1,339 Mil) to Jun. 2023 (R1,416 Mil).

City Lodge Hotels Long-Term Capital Lease Obligation Historical Data

The historical data trend for City Lodge Hotels'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.

City Lodge Hotels Long-Term Capital Lease Obligation Chart

City Lodge Hotels Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

78.90

1,376.06

1,365.59

1,338.59

1,416.09

City Lodge Hotels 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															1,353.35	1,338.59	1,321.56	1,416.09	1,393.22

City Lodge Hotels (JSE:CLH) 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.

City Lodge Hotels Long-Term Capital Lease Obligation Related Terms

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

City Lodge Hotels (JSE:CLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » City Lodge Hotels Ltd (JSE:CLH) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CTYLF:USA

Address

Corner Homestead Avenue and Main Road, The Lodge, Bryanston Gate Office Park, Bryanston, Johannesburg, GT, ZAF, 2191

Website

https://www.clhg.com

City Lodge Hotels Ltd is a provider of lodging facilities in South Africa. The company's operating segment includes City Lodge; Town Lodge; Road Lodge; Courtyard Hotel; Central Office and the rest of Africa. It generates maximum revenue from the City Lodge segment.