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Quilter (JSE:QLT) Long-Term Capital Lease Obligation : R1,635 Mil (As of Dec. 2024)


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What is Quilter Long-Term Capital Lease Obligation?

Quilter's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was R1,635 Mil.

Quilter's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (R1,769 Mil) to Jun. 2024 (R0 Mil) but then increased from Jun. 2024 (R0 Mil) to Dec. 2024 (R1,635 Mil).

Quilter's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (R1,705 Mil) to Dec. 2023 (R1,769 Mil) but then declined from Dec. 2023 (R1,769 Mil) to Dec. 2024 (R1,635 Mil).


Quilter Long-Term Capital Lease Obligation Historical Data

The historical data trend for Quilter'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.

Quilter Long-Term Capital Lease Obligation Chart

Quilter Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,220.27 1,901.92 1,704.85 1,768.94 1,635.26

Quilter Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1,704.85 - 1,768.94 - 1,635.26

Quilter  (JSE:QLT) 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.

Quilter Long-Term Capital Lease Obligation Related Terms

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Quilter Business Description

Industry
Traded in Other Exchanges
Address
85 Queen Victoria Street, Senator House, London, GBR, EC4V 4AB
Quilter PLC is a United Kingdom-based Asset Management Company engaged in the wealth management business, providing financial advice, investment solutions, and wealth management to customers in the UK and selected international markets. The group operating segments are High Net Worth, Affluent, and Head Office. The High Net Worth segment comprises Quilter Cheviot and Quilter Cheviot Financial Planning. The Affluent segment comprises Quilter Investment Platform, Quilter Investors, and Quilter Financial Planning. The company derives maximum revenue from the Affluent segment.

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