Man Group (Man Group) Long-Term Capital Lease Obligation : $251 Mil (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Man Group Long-Term Capital Lease Obligation?

Man Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $251 Mil.

Man Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 ($228 Mil) to Jun. 2023 ($256 Mil) but then declined from Jun. 2023 ($256 Mil) to Dec. 2023 ($251 Mil).

Man Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($225 Mil) to Dec. 2022 ($228 Mil) and increased from Dec. 2022 ($228 Mil) to Dec. 2023 ($251 Mil).

Man Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Man 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.

Man Group Long-Term Capital Lease Obligation Chart

Man 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

272.00

240.00

225.00

228.00

251.00

Man 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															225.00	253.00	228.00	256.00	251.00

Man Group (GREY:MNGPF) 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.

Man Group Long-Term Capital Lease Obligation Related Terms

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

Man Group (Man Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Man Group PLC (GREY:MNGPF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

EMGl:UK EMG:UK M3N:Germany

Address

2 Swan Lane, Riverbank House, London, GBR, EC4R 3AD

Website

https://www.man.com

Man Group PLC is a investment management firm. It provides a diverse range of alternative and traditional quantitative investment strategies to a predominantly institutional client base. Man divides its reported funds under management by four material segments, including momentum strategies, multi- strategy, sector-based, and alpha capture strategies. The momentum strategy utilizes algorithms to identify trends and to exhibit low correlation with other asset classes. Multi-asset strategies compose a mix of high-conviction systematic models of liquid assets. The alpha capture strategy constructs a long-only portfolio of best ideas from specific equity brokers. Revenue is generated primarily through management fees and secondarily through performance fees.

Man Group (Man Group) Headlines

From GuruFocus

Man Group Bounces Off 2-Year Low

By Holmes Osborne, CFA Holmes Osborne, CFA • 10-14-2016