Land Securities Group (Land Securities Group) Long-Term Capital Lease Obligation : $128.7 Mil (As of Sep. 2023)

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What is Land Securities Group Long-Term Capital Lease Obligation?

Land Securities Group's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $128.7 Mil.

Land Securities Group's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 ($126.8 Mil) to Mar. 2023 ($126.2 Mil) but then increased from Mar. 2023 ($126.2 Mil) to Sep. 2023 ($128.7 Mil).

Land Securities Group's annual Long-Term Capital Lease Obligation increased from Mar. 2021 ($84.6 Mil) to Mar. 2022 ($162.1 Mil) but then declined from Mar. 2022 ($162.1 Mil) to Mar. 2023 ($126.2 Mil).

Land Securities Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Land Securities Group'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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Land Securities Group Long-Term Capital Lease Obligation Chart

Land Securities Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

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39.53

75.50

84.61

162.06

126.21

Land Securities Group 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															82.42	162.06	126.84	126.21	128.71

Land Securities Group (OTCPK:LDSCY) 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.

Land Securities Group Long-Term Capital Lease Obligation Related Terms

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Land Securities Group (Land Securities Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Land Securities Group PLC (OTCPK:LDSCY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

LSGOF:USA LANDl:UK LAND:UK LSU2:Germany

Address

100 Victoria Street, London, GBR, SW1E 5JL

Website

https://www.landsec.com

Land Securities Group PLC is a real estate investment trust engaged in buying, selling, developing, and managing commercial property in the United Kingdom. The company's real estate portfolio is made up of the office, retail, and leisure spaces in the London and Greater London regions. Office locations in London's West End, offices in the City of London, and shopping centers comprise the majority of the value of Land Securities' total assets. The company derives nearly all of its revenue in the form of rental income from medium- to long-term leases with tenants. Land Securities' overall net rental income is fairly evenly split between revenue from its London office properties and its retail properties in Greater London.

Land Securities Group (Land Securities Group) Headlines

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