M & G Highome Investment Trust (LSE:MGHC) Long-Term Capital Lease Obligation : £0.00 Mil (As of Nov. 2016)

View and export this data going back to 1997. Start your Free Trial

What is M & G Highome Investment Trust Long-Term Capital Lease Obligation?

M & G Highome Investment Trust's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2016 was £0.00 Mil.

M & G Highome Investment Trust Long-Term Capital Lease Obligation Historical Data

The historical data trend for M & G Highome Investment Trust'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.

M & G Highome Investment Trust Long-Term Capital Lease Obligation Chart

M & G Highome Investment Trust Annual Data

Trend

May07

May08

May09

May10

May11

May12

May13

May14

May15

May16

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

M & G Highome Investment Trust Semi-Annual Data
	May07	Nov07	May08	Nov08	May09	Nov09	May10	Nov10	May11	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

M & G Highome Investment Trust (LSE:MGHC) 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.

M & G Highome Investment Trust Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of M & G Highome Investment Trust's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

M & G Highome Investment Trust (LSE:MGHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » M & G High Income Investment Trust PLC (LSE:MGHC) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.mandg.co.uk

M & G High Income Investment Trust PLC was incorporated in United Kingdom on December 23, 1996. It is a split capital investment trust company with three classes of share: Zero Dividend Preference Shares, Income Shares and Capital Shares. The Company's investment objective is to achieve an above average and increasing income over the 20 year life of the Company and seeking to achieve capital growth.

M & G Highome Investment Trust (LSE:MGHC) Headlines

No Headlines