GURUFOCUS.COM » STOCK LIST » Technology » Software » Micro Focus International PLC (STU:M7Q7) » Definitions » Long-Term Capital Lease Obligation

Micro Focus International (STU:M7Q7) Long-Term Capital Lease Obligation : €110 Mil (As of Apr. 2022)


View and export this data going back to 2014. Start your Free Trial

What is Micro Focus International Long-Term Capital Lease Obligation?

Micro Focus International's Long-Term Capital Lease Obligation for the quarter that ended in Apr. 2022 was €110 Mil.

Micro Focus International's quarterly Long-Term Capital Lease Obligation declined from Apr. 2021 (€119 Mil) to Oct. 2021 (€103 Mil) but then increased from Oct. 2021 (€103 Mil) to Apr. 2022 (€110 Mil).

Micro Focus International's annual Long-Term Capital Lease Obligation increased from Oct. 2019 (€11 Mil) to Oct. 2020 (€143 Mil) but then declined from Oct. 2020 (€143 Mil) to Oct. 2021 (€103 Mil).


Micro Focus International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Micro Focus International'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.

Micro Focus International Long-Term Capital Lease Obligation Chart

Micro Focus International Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Oct19 Oct20 Oct21
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 10.58 142.97 103.10

Micro Focus International Semi-Annual Data
Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22
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 167.90 142.97 119.13 103.10 110.19

Micro Focus International  (STU:M7Q7) 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.

Micro Focus International Long-Term Capital Lease Obligation Related Terms

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


Micro Focus International (STU:M7Q7) Business Description

Industry
Traded in Other Exchanges
N/A
Address
22-30 Old Bath Road, The Lawn, Newbury, Berkshire, GBR, RG14 1QN
Micro Focus International is an enterprise software company supporting the technology needs and challenges. Its solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Its product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management and Governance and Application Modernization and Connectivity.

Micro Focus International (STU:M7Q7) Headlines

No Headlines