Seaport Entertainment Group (MEX:SEG) Long-Term Capital Lease Obligation : MXN938 Mil (As of Sep. 2024)

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What is Seaport Entertainment Group Long-Term Capital Lease Obligation?

Seaport Entertainment Group's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN938 Mil.

Seaport Entertainment Group's quarterly Long-Term Capital Lease Obligation increased from Mar. 2024 (MXN797 Mil) to Jun. 2024 (MXN877 Mil) and increased from Jun. 2024 (MXN877 Mil) to Sep. 2024 (MXN938 Mil).

Seaport Entertainment Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (MXN0 Mil) to Dec. 2022 (MXN904 Mil) but then declined from Dec. 2022 (MXN904 Mil) to Dec. 2023 (MXN817 Mil).

Seaport Entertainment Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Seaport Entertainment 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.

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Seaport Entertainment Group Long-Term Capital Lease Obligation Chart

Seaport Entertainment Group Annual Data

Trend

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

903.62

817.36

Seaport Entertainment Group Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				-	817.36	796.87	877.09	937.85

Seaport Entertainment Group (MEX:SEG) 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.

Seaport Entertainment Group Long-Term Capital Lease Obligation Related Terms

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Seaport Entertainment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Seaport Entertainment Group Inc (MEX:SEG) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SEG:USA

Address

199 Water Street, 28th Floor, New York, NY, USA, 10038

Website

Seaport Entertainment Group Inc own, operate and develop a unique collection of assets positioned at the intersection of entertainment and real estate. Its objective is to integrate one-of-a-kind real estate assets with a variety of restaurant, retail and leisure offerings to form vibrant mixed-use destinations where customers can work, play and socialize in one cohesive setting. The company has three operating segments: (1) Landlord Operations; (2) Hospitality; and (3) Sponsorships, Events, and Entertainment. Key revenue is generated from Landlord Operations which consists of the company's rental operations.

Seaport Entertainment Group Headlines

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