Taylor Maritime Investments (LSE:TMI) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Taylor Maritime Investments Long-Term Capital Lease Obligation?

Taylor Maritime Investments's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil.

Taylor Maritime Investments Long-Term Capital Lease Obligation Historical Data

The historical data trend for Taylor Maritime Investments'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.

Taylor Maritime Investments Long-Term Capital Lease Obligation Chart

Taylor Maritime Investments Annual Data

Trend

Mar22

Mar23

Long-Term Capital Lease Obligation

Taylor Maritime Investments Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	-	-	-	-	-

Taylor Maritime Investments (LSE:TMI) 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.

Taylor Maritime Investments Long-Term Capital Lease Obligation Related Terms

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

Taylor Maritime Investments (LSE:TMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Taylor Maritime Investments Ltd (LSE:TMI) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

TMIPl:UK

Address

1 Royal Plaza, Royal Avenue, Saint Peter Port, GGY, GY1 2HL

Website

https://www.taylormaritimeinvestments.com

Taylor Maritime Investments Ltd is an internally managed investment company and will invest in a diversified portfolio of vessels that will primarily be second-hand Geared Ships.

Taylor Maritime Investments (LSE:TMI) Headlines

No Headlines