Volution Group (LSE:FAN) Long-Term Capital Lease Obligation : £27.0 Mil (As of Jan. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Volution Group Long-Term Capital Lease Obligation?

Volution Group's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was £27.0 Mil.

Volution Group's quarterly Long-Term Capital Lease Obligation increased from Jan. 2023 (£21.4 Mil) to Jul. 2023 (£27.5 Mil) but then declined from Jul. 2023 (£27.5 Mil) to Jan. 2024 (£27.0 Mil).

Volution Group's annual Long-Term Capital Lease Obligation declined from Jul. 2021 (£22.0 Mil) to Jul. 2022 (£21.4 Mil) but then increased from Jul. 2022 (£21.4 Mil) to Jul. 2023 (£27.5 Mil).

Volution Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Volution 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.

Volution Group Long-Term Capital Lease Obligation Chart

Volution Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

20.18

21.98

21.37

27.45

Volution Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															21.43	21.37	21.41	27.45	26.98

Volution Group (LSE:FAN) 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.

Volution Group Long-Term Capital Lease Obligation Related Terms

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

Volution Group (LSE:FAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Volution Group PLC (LSE:FAN) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

FANl:UK VO1:Germany

Address

Fleming Way, West Sussex, Crawley, GBR, RH10 9YX

Website

https://www.volutiongroupplc.com

Volution Group PLC supplies ventilation products to residential and commercial constructions. Its products are categorized into residential ventilation, commercial ventilation, other products, and Torin-Sifan. Some of its brands include Vent-Axia, Manrose, VoltAir, and Simx. The company operates in three segments: the United Kingdom, Continental Europe, Sweden, Australasia and rest of the world. Nearly half of the revenue comes from the United Kingdom followed by Continental Europe.