Braime Group (LSE:BMTO) Long-Term Capital Lease Obligation : £0.65 Mil (As of Dec. 2023)

View and export this data going back to 1950. Start your Free Trial

What is Braime Group Long-Term Capital Lease Obligation?

Braime Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.65 Mil.

Braime Group's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (£0.34 Mil) to Jun. 2023 (£0.00 Mil) but then increased from Jun. 2023 (£0.00 Mil) to Dec. 2023 (£0.65 Mil).

Braime Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (£0.64 Mil) to Dec. 2022 (£0.34 Mil) but then increased from Dec. 2022 (£0.34 Mil) to Dec. 2023 (£0.65 Mil).

Braime Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Braime 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.

* Premium members only.

Braime Group Long-Term Capital Lease Obligation Chart

Braime Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.51

0.66

0.64

0.34

0.65

Braime Group Semi-Annual Data
	Jun14	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															0.64	-	0.34	-	0.65

Braime Group (LSE:BMTO) 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.

Braime Group Long-Term Capital Lease Obligation Related Terms

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

Braime Group (LSE:BMTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Braime Group PLC (LSE:BMTO) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

BMT:UK

Address

Hunslet Road, Leeds, GBR, LS10 1JZ

Website

https://www.braimegroup.com

Braime Group PLC is engaged in the manufacture of metal presswork and the distribution of bulk material handling components. It operates in two segments: the manufacture of metal presswork, and the 4B Division, supplier of bulk material handling components. Its geographical segments are the United Kingdom, the Rest of Europe, the Americas, Africa, and Australia & Asia.

Braime Group (LSE:BMTO) Headlines

No Headlines