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Daily Mail and General Trust (LSE:DMGO) Long-Term Capital Lease Obligation : £20.5 Mil (As of Sep. 2021)


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What is Daily Mail and General Trust Long-Term Capital Lease Obligation?

Daily Mail and General Trust's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2021 was £20.5 Mil.

Daily Mail and General Trust's quarterly Long-Term Capital Lease Obligation declined from Sep. 2020 (£77.1 Mil) to Mar. 2021 (£73.0 Mil) and declined from Mar. 2021 (£73.0 Mil) to Sep. 2021 (£20.5 Mil).

Daily Mail and General Trust's annual Long-Term Capital Lease Obligation increased from Sep. 2019 (£0.0 Mil) to Sep. 2020 (£77.1 Mil) but then declined from Sep. 2020 (£77.1 Mil) to Sep. 2021 (£20.5 Mil).


Daily Mail and General Trust Long-Term Capital Lease Obligation Historical Data

The historical data trend for Daily Mail and General Trust'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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Daily Mail and General Trust Long-Term Capital Lease Obligation Chart

Daily Mail and General Trust Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 - - 77.10 20.50

Daily Mail and General Trust Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21
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 Premium Member Only Premium Member Only Premium Member Only - 50.40 77.10 73.00 20.50

Daily Mail and General Trust  (LSE:DMGO) 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.

Daily Mail and General Trust Long-Term Capital Lease Obligation Related Terms

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Daily Mail and General Trust (LSE:DMGO) Business Description

Traded in Other Exchanges
N/A
Address
2 Derry Street, Northcliffe House, London, GBR, W8 5TT
Daily Mail and General Trust PLC Class A is a British international media company that publishes various newspapers and magazines and provides event organizers, as well as data and information services. Its flagship segment is British tabloid newspaper The Daily Mail, the largest newspaper brand in the United Kingdom. The company also operates other newspapers around Europe, as well as various websites. While the majority of revenue is derived from its publishing business, it also provides risk-management modeling and business research and data services to clients around the world.

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