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AGF Management (TSX:AGF.B) Long-Term Capital Lease Obligation : C$76.4 Mil (As of Feb. 2025)


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What is AGF Management Long-Term Capital Lease Obligation?

AGF Management's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2025 was C$76.4 Mil.

AGF Management's quarterly Long-Term Capital Lease Obligation declined from Aug. 2024 (C$76.8 Mil) to Nov. 2024 (C$75.1 Mil) but then increased from Nov. 2024 (C$75.1 Mil) to Feb. 2025 (C$76.4 Mil).

AGF Management's annual Long-Term Capital Lease Obligation declined from Nov. 2022 (C$80.3 Mil) to Nov. 2023 (C$78.1 Mil) and declined from Nov. 2023 (C$78.1 Mil) to Nov. 2024 (C$75.1 Mil).


AGF Management Long-Term Capital Lease Obligation Historical Data

The historical data trend for AGF Management'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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AGF Management Long-Term Capital Lease Obligation Chart

AGF Management Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.08 80.71 80.28 78.10 75.06

AGF Management Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 77.17 77.80 76.82 75.06 76.44

AGF Management  (TSX:AGF.B) 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.

AGF Management Long-Term Capital Lease Obligation Related Terms

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AGF Management Business Description

Traded in Other Exchanges
Address
81 Bay Street, Suite 3900, CIBC SQUARE, Tower One, Toronto, ON, CAN, M5J 0G1
AGF Management is predominantly a Canadian-based independent asset manager (with some very minor operations and investments in the US, the UK, Ireland, and Asia). At the end of March 2025, the firm had CAD 52.1 billion in total assets under management, or AUM, derived from its retail (CAD 29.8 billion), institutional/sub-advised (CAD 13.8 billion), and high-net worth (CAD 8.5 billion) channels. AGF Management's funds are weighted more heavily toward equities, with roughly three quarters of the firm's reported retail AUM being equity-related. That said, the company does use fundamental, quantitative, and alternative strategies to manage its investment funds.

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