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JPMorgan Multi-Asset Growth &ome (LSE:MATE) Long-Term Capital Lease Obligation : £0.00 Mil (As of Aug. 2023)


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What is JPMorgan Multi-Asset Growth &ome Long-Term Capital Lease Obligation?

JPMorgan Multi-Asset Growth &ome's Long-Term Capital Lease Obligation for the quarter that ended in Aug. 2023 was £0.00 Mil.


JPMorgan Multi-Asset Growth &ome Long-Term Capital Lease Obligation Historical Data

The historical data trend for JPMorgan Multi-Asset Growth &ome'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.

JPMorgan Multi-Asset Growth &ome Long-Term Capital Lease Obligation Chart

JPMorgan Multi-Asset Growth &ome Annual Data
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Long-Term Capital Lease Obligation
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JPMorgan Multi-Asset Growth &ome Semi-Annual Data
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JPMorgan Multi-Asset Growth &ome  (LSE:MATE) 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.

JPMorgan Multi-Asset Growth &ome Long-Term Capital Lease Obligation Related Terms

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JPMorgan Multi-Asset Growth &ome (LSE:MATE) Business Description

Traded in Other Exchanges
N/A
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Multi-Asset Growth & Income PLC is a closed-ended investment company. The company has an objective of income generation and capital growth while seeking to maintain lower levels of portfolio volatility than traditional equity portfolios. It seeks to invest in a diversified portfolio of securities and other asset classes, including equities and equity-linked securities. Geographically, it has a presence in United States, United Kingdom, Luxembourg, Switzerland, France, Spain, Germany, Netherlands, Japan, Italy, Canada, Sweden, Singapore, Austria, Denmark, and Taiwan.

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