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

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What is Severn Trent Long-Term Capital Lease Obligation?

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

Severn Trent's quarterly Long-Term Capital Lease Obligation increased from Sep. 2022 ($0 Mil) to Mar. 2023 ($125 Mil) but then declined from Mar. 2023 ($125 Mil) to Sep. 2023 ($0 Mil).

Severn Trent's annual Long-Term Capital Lease Obligation declined from Mar. 2021 ($158 Mil) to Mar. 2022 ($145 Mil) and declined from Mar. 2022 ($145 Mil) to Mar. 2023 ($125 Mil).

Severn Trent Long-Term Capital Lease Obligation Historical Data

The historical data trend for Severn Trent'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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Severn Trent Long-Term Capital Lease Obligation Chart

Severn Trent Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

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142.42

144.68

157.56

145.32

124.52

Severn Trent 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															-	145.32	-	124.52	-

Severn Trent (OTCPK:STRNY) 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.

Severn Trent Long-Term Capital Lease Obligation Related Terms

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Severn Trent (Severn Trent) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Severn Trent PLC (OTCPK:STRNY) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

SVTRF:USA SVTl:UK SVT:UK SVT1:Germany

Address

2 St John’s Street, Severn Trent Centre, Coventry, GBR, CV1 2LZ

Website

https://www.severntrent.com

Severn Trent PLC is a United Kingdom-based water utilities company. The company mainly operates in the U.K., but also in the United States and other countries in Europe. The company derives the majority of its revenue from its regulated water and wastewater segment, which supplies water and conducts sewage and environmental services. The company also operates a business services segment that is involved with renewable energy operations. The company provides contract services to industrial and municipal clients to develop water treatment facilities and networks. The firm generates its renewable energy by using hydropower, wind power, and solar power.

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