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Dewhurst Group (LSE:DWHT) Long-Term Capital Lease Obligation : £1.74 Mil (As of Mar. 2024)


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What is Dewhurst Group Long-Term Capital Lease Obligation?

Dewhurst Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was £1.74 Mil.

Dewhurst Group's quarterly Long-Term Capital Lease Obligation increased from Mar. 2023 (£1.89 Mil) to Sep. 2023 (£1.94 Mil) but then declined from Sep. 2023 (£1.94 Mil) to Mar. 2024 (£1.74 Mil).

Dewhurst Group's annual Long-Term Capital Lease Obligation declined from Sep. 2021 (£2.54 Mil) to Sep. 2022 (£2.19 Mil) and declined from Sep. 2022 (£2.19 Mil) to Sep. 2023 (£1.94 Mil).


Dewhurst Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dewhurst 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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Dewhurst Group Long-Term Capital Lease Obligation Chart

Dewhurst Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.97 2.54 2.19 1.94

Dewhurst Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 2.36 2.19 1.89 1.94 1.74

Dewhurst Group  (LSE:DWHT) 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.

Dewhurst Group Long-Term Capital Lease Obligation Related Terms

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Dewhurst Group Business Description

Industry
Traded in Other Exchanges
Address
Hampton Road West, Unit 9, Hampton Business Park, Feltham, GBR, TW13 6DB
Dewhurst Group PLC is a UK-based supplier of technological solutions to the lift, transport, and keypad market sectors. It is engaged in the manufacture of electrical components and control equipment for industrial and commercial capital goods. Geographically, it derives a majority of its revenue from Asia and Australia and also has a presence in the United Kingdom, Europe, The Americas, Asia & Australia, and Other Countries.

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