Hilton Food Group (LSE:HFG) Long-Term Capital Lease Obligation : £212 Mil (As of Dec. 2023)

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What is Hilton Food Group Long-Term Capital Lease Obligation?

Hilton Food Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £212 Mil.

Hilton Food Group's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (£230 Mil) to Jun. 2023 (£212 Mil) and declined from Jun. 2023 (£212 Mil) to Dec. 2023 (£212 Mil).

Hilton Food Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (£229 Mil) to Dec. 2022 (£230 Mil) but then declined from Dec. 2022 (£230 Mil) to Dec. 2023 (£212 Mil).

Hilton Food Group Long-Term Capital Lease Obligation Historical Data

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

Hilton Food Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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132.79

239.00

228.98

230.15

211.59

Hilton Food Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jul16	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															228.98	236.20	230.15	211.85	211.59

Hilton Food Group (LSE:HFG) 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.

Hilton Food Group Long-Term Capital Lease Obligation Related Terms

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Hilton Food Group (LSE:HFG) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hilton Food Group PLC (LSE:HFG) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

HFGl:UK HFG.GB:UK FAG:Germany

Address

Latham Road, 2-8 The Interchange, Huntingdon, Cambridgeshire, GBR, PE29 6YE

Website

https://www.hiltonfoods.com

Hilton Food Group PLC is engaged in the specialist retail meat-packing business supplying international food retailers in Europe, Australia, and New Zealand. It is into wholesaling of food protein products including meat, seafood, and vegetarian. The company has three operating segments, namely Europe (which consists of The United Kingdom, Netherlands, Belgium, the Republic of Ireland, Sweden, Denmark, Central Europe including Poland, the Czech Republic, Hungary, Slovakia, Latvia, Lithuania, and Estonia, and Portugal), APAC, and Central costs. The company derives a majority of its revenue from the European Countries.

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