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Logistics Development Group (LSE:LDG) Long-Term Capital Lease Obligation : £0.00 Mil (As of Nov. 2023)


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What is Logistics Development Group Long-Term Capital Lease Obligation?

Logistics Development Group's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2023 was £0.00 Mil.


Logistics Development Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Logistics Development 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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Logistics Development Group Long-Term Capital Lease Obligation Chart

Logistics Development Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Long-Term Capital Lease Obligation
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Logistics Development Group Semi-Annual Data
Nov14 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Logistics Development Group  (LSE:LDG) 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.

Logistics Development Group Long-Term Capital Lease Obligation Related Terms

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Logistics Development Group (LSE:LDG) Business Description

Traded in Other Exchanges
N/A
Address
3 More London Riverside, 4th Floor, London, GBR, SE1 2AQ
Logistics Development Group PLC is a logistics and supply chain company in the UK. The company provides transport, warehousing, rail, and freight logistics services to a range of UK and international customers.

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