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The Schiehallion Fund (LSE:MNTN) Long-Term Capital Lease Obligation : $0.0 Mil (As of Jan. 2025)


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What is The Schiehallion Fund Long-Term Capital Lease Obligation?

The Schiehallion Fund's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2025 was $0.0 Mil.


The Schiehallion Fund Long-Term Capital Lease Obligation Historical Data

The historical data trend for The Schiehallion Fund'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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The Schiehallion Fund Long-Term Capital Lease Obligation Chart

The Schiehallion Fund Annual Data
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The Schiehallion Fund Semi-Annual Data
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The Schiehallion Fund  (LSE:MNTN) 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.

The Schiehallion Fund Long-Term Capital Lease Obligation Related Terms

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The Schiehallion Fund Business Description

Traded in Other Exchanges
N/A
Address
1 Greenside Row, Calton Square, Edinburgh, GBR, EH1 3AN
The Schiehallion Fund Ltd is a non-cellular closed-ended investment company. Its investment objective is to generate capital growth for investors through making long-term minority investments in later-stage private businesses that the company considers to have transformational growth potential and the potential to become publicly traded. The company invests in various sectors such as Communications Services; Consumer Discretionary; Consumer Staples; Financials; Health Care; Industrials, Materials, Information Technology, and others.

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