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DX (Group) (LSE:DX.) Long-Term Capital Lease Obligation : £94.5 Mil (As of Jun. 2023)


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What is DX (Group) Long-Term Capital Lease Obligation?

DX (Group)'s Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was £94.5 Mil.

DX (Group)'s quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 (£79.6 Mil) to Dec. 2022 (£87.5 Mil) and increased from Dec. 2022 (£87.5 Mil) to Jun. 2023 (£94.5 Mil).

DX (Group)'s annual Long-Term Capital Lease Obligation declined from Jun. 2021 (£81.3 Mil) to Jun. 2022 (£79.6 Mil) but then increased from Jun. 2022 (£79.6 Mil) to Jun. 2023 (£94.5 Mil).


DX (Group) Long-Term Capital Lease Obligation Historical Data

The historical data trend for DX (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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DX (Group) Long-Term Capital Lease Obligation Chart

DX (Group) Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 68.30 81.30 79.60 94.50

DX (Group) Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 81.30 78.70 79.60 87.50 94.50

DX (Group)  (LSE:DX.) 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.

DX (Group) Long-Term Capital Lease Obligation Related Terms

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DX (Group) (LSE:DX.) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Riding Court Road, Ditton Park, Datchet, Slough, GBR, SL3 9GL
DX (Group) PLC is a logistics and parcel distribution company operating in UK and Ireland. The business of the group is operated through two segments DX Express, and DX Freight. It serves the e-commerce, retail, health, optical, pharmaceutical, public sector, legal and financial services industries. The company provides the services under DX 1 ( Express) -Man, DX, DX Exchange, DX Secure, DX Mail Courier, DX 2 ( Freight) -Man and DX Logistics brands. The majority of revenue is from the DX Freight segment.

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