Knights Group Holdings (LSE:KGH) Long-Term Capital Lease Obligation : £38.9 Mil (As of Oct. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Knights Group Holdings Long-Term Capital Lease Obligation?

Knights Group Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2024 was £38.9 Mil.

Knights Group Holdings's quarterly Long-Term Capital Lease Obligation declined from Oct. 2023 (£36.9 Mil) to Apr. 2024 (£35.4 Mil) but then increased from Apr. 2024 (£35.4 Mil) to Oct. 2024 (£38.9 Mil).

Knights Group Holdings's annual Long-Term Capital Lease Obligation declined from Apr. 2022 (£41.2 Mil) to Apr. 2023 (£38.6 Mil) and declined from Apr. 2023 (£38.6 Mil) to Apr. 2024 (£35.4 Mil).

Knights Group Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Knights Group Holdings'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.

Knights Group Holdings Long-Term Capital Lease Obligation Chart

Knights Group Holdings Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

21.08

39.02

41.18

38.59

35.39

Knights Group Holdings Semi-Annual Data
	Apr16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial												41.56	38.59	36.92	35.39	38.93

Knights Group Holdings (LSE:KGH) 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.

Knights Group Holdings Long-Term Capital Lease Obligation Related Terms

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

Knights Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Knights Group Holdings PLC (LSE:KGH) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

KGHl:UK

Address

The Brampton, Newcastle-Under-Lyme, Staffordshire, GBR, ST5 0QW

Website

https://www.knightsplc.com

Knights Group Holdings PLC is engaged in providing regional legal and professional service businesses. The group provides corporate and commercial legal services at scale and across a broad sector basis, like the larger national law firms. The company generates fee income across various individual departments, which includes niche areas to service the specific needs of its clients. Its service lines include real estate, Dispute Resolution, Corporate, Employment, CL Medilaw, and private client.

Knights Group Holdings Headlines

No Headlines