Rotala (LSE:ROL) Long-Term Capital Lease Obligation : £20.75 Mil (As of May. 2023)

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What is Rotala Long-Term Capital Lease Obligation?

Rotala's Long-Term Capital Lease Obligation for the quarter that ended in May. 2023 was £20.75 Mil.

Rotala's quarterly Long-Term Capital Lease Obligation declined from May. 2022 (£29.90 Mil) to Nov. 2022 (£25.36 Mil) and declined from Nov. 2022 (£25.36 Mil) to May. 2023 (£20.75 Mil).

Rotala's annual Long-Term Capital Lease Obligation increased from Nov. 2020 (£33.20 Mil) to Nov. 2021 (£34.49 Mil) but then declined from Nov. 2021 (£34.49 Mil) to Nov. 2022 (£25.36 Mil).

Rotala Long-Term Capital Lease Obligation Historical Data

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

Rotala Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Long-Term Capital Lease Obligation

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10.16

15.93

33.20

34.49

25.36

Rotala Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															33.53	34.49	29.90	25.36	20.75

Rotala (LSE:ROL) 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.

Rotala Long-Term Capital Lease Obligation Related Terms

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Rotala (LSE:ROL) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Rotala PLC (LSE:ROL) » Definitions » Long-Term Capital Lease Obligation

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Address

Hallbridge Way, Tipton Road, Cross Quays Business Park, Tividale, Oldbury, West Midlands, GBR, B69 3HW

Website

https://www.rotalaplc.com

Rotala PLC is a UK based company, operates commercial and subsidized bus routes for businesses, local authorities, the public, and private individuals. It operates its business through Contracted, Commercial and Charter segments. It has operations across the United Kingdom including, the North West, West Midlands, South West, and Heathrow and Gatwick airports. The Contracted and Charter Services are usually delivered against an agreed service level agreement and the Commercial segment is engaged in providing passenger loading services. The company derives majority of its revenue from the Commercial segment.