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SLNAF (Selina Hospitality) Long-Term Capital Lease Obligation : $441.6 Mil (As of Jun. 2023)


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What is Selina Hospitality Long-Term Capital Lease Obligation?

Selina Hospitality's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was $441.6 Mil.

Selina Hospitality's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($469.7 Mil) to Mar. 2023 ($467.1 Mil) and declined from Mar. 2023 ($467.1 Mil) to Jun. 2023 ($441.6 Mil).

Selina Hospitality's annual Long-Term Capital Lease Obligation increased from Dec. 2020 ($0.0 Mil) to Dec. 2021 ($349.0 Mil) and increased from Dec. 2021 ($349.0 Mil) to Dec. 2022 ($469.7 Mil).


Selina Hospitality Long-Term Capital Lease Obligation Historical Data

The historical data trend for Selina Hospitality'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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Selina Hospitality Long-Term Capital Lease Obligation Chart

Selina Hospitality Annual Data
Trend Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
- 348.97 469.75

Selina Hospitality Quarterly Data
Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - - 469.75 467.06 441.56

Selina Hospitality  (OTCPK:SLNAF) 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.

Selina Hospitality Long-Term Capital Lease Obligation Related Terms

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Selina Hospitality Business Description

Traded in Other Exchanges
Address
6th Floor, 2 London Wall Place, Barbican, London, GBR, EC2Y 5AU
Selina Hospitality PLC is a lifestyle and experiential hotel company built to address the needs and desires of millennial and Gen Z travelers, blending beautifully designed accommodation with co-working, recreation, wellness and local experiences. Selina provides guests with a global infrastructure to seamlessly travel and work abroad.