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Coronation Fund Managers (JSE:CML) Long-Term Capital Lease Obligation : R55 Mil (As of Mar. 2025)


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What is Coronation Fund Managers Long-Term Capital Lease Obligation?

Coronation Fund Managers's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was R55 Mil.

Coronation Fund Managers's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 (R77 Mil) to Sep. 2024 (R65 Mil) and declined from Sep. 2024 (R65 Mil) to Mar. 2025 (R55 Mil).

Coronation Fund Managers's annual Long-Term Capital Lease Obligation stayed the same from Sep. 2022 (R88 Mil) to Sep. 2023 (R88 Mil) but then declined from Sep. 2023 (R88 Mil) to Sep. 2024 (R65 Mil).


Coronation Fund Managers Long-Term Capital Lease Obligation Historical Data

The historical data trend for Coronation Fund Managers'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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Coronation Fund Managers Long-Term Capital Lease Obligation Chart

Coronation Fund Managers Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.00 78.00 88.00 88.00 65.00

Coronation Fund Managers Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.00 88.00 77.00 65.00 55.00

Coronation Fund Managers  (JSE:CML) 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.

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Coronation Fund Managers Business Description

Traded in Other Exchanges
N/A
Address
Cnr Campground and Main Roads, 7th Floor, MontClare Place, Claremont, Cape Town, WC, ZAF, 7708
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.

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