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Centum Investment Co (NAI:CTUM) Long-Term Capital Lease Obligation : KES0 Mil (As of Sep. 2023)


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What is Centum Investment Co Long-Term Capital Lease Obligation?

Centum Investment Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was KES0 Mil.

Centum Investment Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2022 (KES0 Mil) to Mar. 2023 (KES48 Mil) but then declined from Mar. 2023 (KES48 Mil) to Sep. 2023 (KES0 Mil).

Centum Investment Co's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (KES1,148 Mil) to Mar. 2022 (KES72 Mil) and declined from Mar. 2022 (KES72 Mil) to Mar. 2023 (KES48 Mil).


Centum Investment Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Centum Investment Co'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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Centum Investment Co Long-Term Capital Lease Obligation Chart

Centum Investment Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,070.92 1,148.47 71.73 47.71

Centum Investment Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 71.73 - 47.71 -

Centum Investment Co  (NAI:CTUM) 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.

Centum Investment Co Long-Term Capital Lease Obligation Related Terms

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Centum Investment Co (NAI:CTUM) Business Description

Traded in Other Exchanges
N/A
Address
Limuru Road, Two Rivers Office Towers, P.O. Box 10518, 9th Floor, South Tower, Nairobi, KEN, 00100
Centum Investment Co Ltd is an investment company that provides access to a portfolio of inaccessible, quality, diversified investments to investors. Its objective is to consistently generate market-beating returns by building extraordinary enterprises throughout Africa. The company's operating segment include Private Equity; Real Estate and Marketable securities. The Private Equity segment includes publishing, financial services, and utility companies as well as also responsible for managing Development Portfolio. The Marketable securities segment includes dividend and interest income, real estate sales and proceeds from exits in the private equity and marketable securities portfolios and the Real Estate segment includes developments in East Africa.

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