PPHE Hotel Group (LSE:PPH) Long-Term Capital Lease Obligation : £273.3 Mil (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is PPHE Hotel Group Long-Term Capital Lease Obligation?

PPHE Hotel Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £273.3 Mil.

PPHE Hotel Group's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (£261.5 Mil) to Jun. 2023 (£0.0 Mil) but then increased from Jun. 2023 (£0.0 Mil) to Dec. 2023 (£273.3 Mil).

PPHE Hotel Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (£245.3 Mil) to Dec. 2022 (£261.5 Mil) and increased from Dec. 2022 (£261.5 Mil) to Dec. 2023 (£273.3 Mil).

PPHE Hotel Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for PPHE Hotel 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.

* Premium members only.

PPHE Hotel Group Long-Term Capital Lease Obligation Chart

PPHE Hotel Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

228.00

243.65

245.27

261.54

273.27

PPHE Hotel Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															245.27	-	261.54	-	273.27

PPHE Hotel Group (LSE:PPH) 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.

PPHE Hotel Group Long-Term Capital Lease Obligation Related Terms

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

PPHE Hotel Group (LSE:PPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » PPHE Hotel Group Ltd (LSE:PPH) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

PPHl:UK 32P:Germany

Address

Radarweg 60, Motion Building, 9th Floor, Amsterdam, NH, NLD, 1043 NT

Website

http://www.pphe.com

PPHE Hotel Group Ltd engages in providing hospitality services. The company owns, manages and franchises hotels and resort properties in the United Kingdom, the Netherlands, Croatia, Germany, and Hungary. These properties are operated under the brands, Park Plaza Hotels & Resorts and art'otel in the form of hotels, restaurants, bars and spas and Holmes Hotel London. The group's activities are divided into two segments Owned Hotel Operations segment and the Management Activities segment. PPHE generates most of its revenues across the United Kingdom through hotel operations, management fees derived from hotels managed by the group, and marketing fees.