Texton Property Fund (JSE:TEX) Long-Term Capital Lease Obligation : R0.0 Mil (As of Dec. 2024)

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What is Texton Property Fund Long-Term Capital Lease Obligation?

Texton Property Fund's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was R0.0 Mil.

Texton Property Fund's annual Long-Term Capital Lease Obligation declined from Jun. 2022 (R3.0 Mil) to Jun. 2023 (R0.0 Mil) but then stayed the same from Jun. 2023 (R0.0 Mil) to Jun. 2024 (R0.0 Mil).

Texton Property Fund Long-Term Capital Lease Obligation Historical Data

The historical data trend for Texton Property Fund'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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Texton Property Fund Long-Term Capital Lease Obligation Chart

Texton Property Fund Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Long-Term Capital Lease Obligation

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3.25

3.17

2.96

Texton Property Fund Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	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															-	-	-	-	-

Texton Property Fund (JSE:TEX) 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.

Texton Property Fund Long-Term Capital Lease Obligation Related Terms

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Texton Property Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Texton Property Fund Ltd (JSE:TEX) » Definitions » Long-Term Capital Lease Obligation

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Address

151 Katherine Street, Block D, Vunani Office Park, Sandton, Johannesburg, GT, ZAF, 2031

Website

https://www.texton.co.za

Texton Property Fund Ltd is a property investment fund. It invests directly in income-producing office properties that offer attractive income and capital appreciation. The overall objective of the fund is to grow its asset base, by investing in well priced, income and quality enhancing investment properties to optimize returns over time for shareholders. It holds an interest in properties such as Alrode industrial park, Babcock House, Bawtry 270, Belvedere place, Bonmarche and Poundland, Bryanston gate office park, and many others. The Group has three reportable segments: SA direct property, which derives maximum revenue; UK direct property; and International investments. Direct property investments are split into office, retail and industrial.