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Keystone Law Group (LSE:KEYS) Long-Term Capital Lease Obligation : £2.03 Mil (As of Jan. 2024)


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What is Keystone Law Group Long-Term Capital Lease Obligation?

Keystone Law Group's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was £2.03 Mil.

Keystone Law Group's quarterly Long-Term Capital Lease Obligation declined from Jan. 2023 (£0.11 Mil) to Jul. 2023 (£0.00 Mil) but then increased from Jul. 2023 (£0.00 Mil) to Jan. 2024 (£2.03 Mil).

Keystone Law Group's annual Long-Term Capital Lease Obligation declined from Jan. 2022 (£0.57 Mil) to Jan. 2023 (£0.11 Mil) but then increased from Jan. 2023 (£0.11 Mil) to Jan. 2024 (£2.03 Mil).


Keystone Law Group Long-Term Capital Lease Obligation Historical Data

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

Keystone Law Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.02 0.57 0.11 2.03

Keystone Law Group Semi-Annual Data
Jan15 Jan16 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 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 0.57 0.34 0.11 - 2.03

Keystone Law Group  (LSE:KEYS) 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.

Keystone Law Group Long-Term Capital Lease Obligation Related Terms

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Keystone Law Group (LSE:KEYS) Business Description

Traded in Other Exchanges
N/A
Address
48 Chancery Lane, London, GBR, WC2A 1JF
Keystone Law Group PLC is a law firm. The company provides legal services to a client base comprising of small and medium enterprises and private individuals. It offers conventional legal advice in the areas including property, commercial, corporate, employment, family, litigation, and private client. It derives revenue from rendering of services and other revenue. It serves sectors such as Aviation, Education, Financial Services, Food and Beverage, High-Net-Worth Family Office, Hotels, Hospitality and Leisure, In-House Legal, Life Sciences and Healthcare, Marine and Shipping, Media, Satellite, Space and Communications, and others.