MAS (JSE:MSP) Long-Term Capital Lease Obligation : R51 Mil (As of Dec. 2023)

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What is MAS Long-Term Capital Lease Obligation?

MAS's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R51 Mil.

MAS's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (R49 Mil) to Jun. 2023 (R51 Mil) but then declined from Jun. 2023 (R51 Mil) to Dec. 2023 (R51 Mil).

MAS's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (R0 Mil) to Jun. 2022 (R44 Mil) and increased from Jun. 2022 (R44 Mil) to Jun. 2023 (R51 Mil).

MAS Long-Term Capital Lease Obligation Historical Data

The historical data trend for MAS'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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MAS Long-Term Capital Lease Obligation Chart

MAS Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

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44.17

51.42

MAS Semi-Annual Data
	Feb13	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															-	44.17	48.78	51.42	51.12

MAS (JSE:MSP) 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.

MAS Long-Term Capital Lease Obligation Related Terms

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MAS (JSE:MSP) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MAS PLC (JSE:MSP) » Definitions » Long-Term Capital Lease Obligation

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Address

Abate Rigord Street, Suite 11, Penthouse Level, Marina Business Centre, Ta’ Xbiex, MLT, VG1110

Website

https://www.masrei.com

MAS PLC is a commercial real estate development company that operates throughout mostly Western Europe, as well as Central and Eastern Europe. The company acquires, develops, and manages retail, office, industrial, and hotel properties. The group's investment property comprises income-generating property, development property, and land bank division. The group holds an interest in properties such as Whitbread hotels and Arches, Bruchsal, Nova Park, Stara Zagora, Chippenham, and others. The company geographically operates in Romania, Bulgaria, Poland, Germany and UK. It derives its majority Revenue from Romania.