Deneb Investments (JSE:DNB) Long-Term Capital Lease Obligation : R91 Mil (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Deneb Investments Long-Term Capital Lease Obligation?

Deneb Investments's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was R91 Mil.

Deneb Investments's quarterly Long-Term Capital Lease Obligation increased from Sep. 2022 (R86 Mil) to Mar. 2023 (R105 Mil) but then declined from Mar. 2023 (R105 Mil) to Sep. 2023 (R91 Mil).

Deneb Investments's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (R99 Mil) to Mar. 2022 (R87 Mil) but then increased from Mar. 2022 (R87 Mil) to Mar. 2023 (R105 Mil).

Deneb Investments Long-Term Capital Lease Obligation Historical Data

The historical data trend for Deneb Investments'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.

Deneb Investments Long-Term Capital Lease Obligation Chart

Deneb Investments Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

7.45

111.98

98.93

86.56

104.74

Deneb Investments Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															93.02	86.56	85.92	104.74	90.95

Deneb Investments (JSE:DNB) 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.

Deneb Investments Long-Term Capital Lease Obligation Related Terms

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

Deneb Investments (JSE:DNB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Deneb Investments Ltd (JSE:DNB) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corner Main and Browning Roads, 5th Floor, Deneb House, Observatory, Cape Town, WC, ZAF, 7925

Website

https://www.deneb.co.za

Deneb Investments Ltd is a diversified investment company operating in southern Africa. The company's operating segment includes Property; Industrial Product Manufacturing; Automotive Parts Manufacturing; and Branded Product Distribution. Industrial Product Manufacturing and Branded Product Distribution segments together contribute to the majority of the revenue. Its geographical segments include South Africa, Other African countries, Asia, Europe, North America and South America, of which the majority of the revenue is generated from South Africa.