Saudi Research And Media Group (SAU:4210) Long-Term Capital Lease Obligation : ﷼130 Mil (As of Dec. 2023)

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What is Saudi Research And Media Group Long-Term Capital Lease Obligation?

Saudi Research And Media Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼130 Mil.

Saudi Research And Media Group's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (﷼86 Mil) to Sep. 2023 (﷼87 Mil) and increased from Sep. 2023 (﷼87 Mil) to Dec. 2023 (﷼130 Mil).

Saudi Research And Media Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (﷼70 Mil) to Dec. 2022 (﷼89 Mil) and increased from Dec. 2022 (﷼89 Mil) to Dec. 2023 (﷼130 Mil).

Saudi Research And Media Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Saudi Research And Media 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.

Saudi Research And Media Group Long-Term Capital Lease Obligation Chart

Saudi Research And Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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74.74

91.65

70.38

88.84

130.09

Saudi Research And Media Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															88.84	89.88	86.28	86.63	130.09

Saudi Research And Media Group (SAU:4210) 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.

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Saudi Research And Media Group (SAU:4210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Saudi Research And Media Group (SAU:4210) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

Al-Moutamarat District, Makkah Road, P.O. Box 53180, Riyadh, SAU, 11583

Website

https://www.srmg.com

Saudi Research And Media Group is an integrated publishing group based in Saudi Arabia, engaged in trading, media, advertising, promotions, distribution, printing and publishing, and public relations. It operates mainly in the Middle East, Europe, and North Africa. The company has four operating segments; Publishing, visual, and digital content segment, the Public relations and advertising segment, the Printing and packaging segment, and All other segments. The company derives a majority of its revenue from the Publishing, visual and digital content segment.

Saudi Research And Media Group (SAU:4210) Headlines

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