MITIE Group (MITIE Group) Long-Term Capital Lease Obligation : $0 Mil (As of Sep. 2023)

View and export this data going back to 2013. Start your Free Trial

What is MITIE Group Long-Term Capital Lease Obligation?

MITIE Group's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0 Mil.

MITIE Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for MITIE 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.

MITIE Group Long-Term Capital Lease Obligation Chart

MITIE Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1.05

86.02

MITIE Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

MITIE Group (OTCPK:MITFY) 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.

MITIE Group Long-Term Capital Lease Obligation Related Terms

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

MITIE Group (MITIE Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MITIE Group PLC (OTCPK:MITFY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

MITFF:USA MTOl:UK MTO:UK MZ4:Germany

Address

32 London Bridge Street, The Shard, Level 12, Southwark, London, GBR, SE1 9SG

Website

https://www.mitie.com

MITIE Group PLC is a U.K.-based company. The company has five reportable segments: Technical services, Business services, care, and custody, Landscapes, Waste, Communities, Specialist Services, and Spain. Through these segments, the company provides facilities management, consultancy, and security services. The company generates the majority of its revenue from the technical services and business services segments. Geographically, the company generates a majority of its revenue from the United Kingdom.

MITIE Group (MITIE Group) Headlines

From GuruFocus

The Biggest 3rd-Quarter Trades of the Oakmark International Small Cap Fund

By Margaret Moran Margaret Moran • 12-01-2020

First Eagle Global Value Fund Comments on MITIE Group

By Holly LaFon Holly LaFon • 05-02-2017