Colliers International Group (TSX:CIGI) Long-Term Capital Lease Obligation : C$514 Mil (As of Sep. 2024)

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What is Colliers International Group Long-Term Capital Lease Obligation?

Colliers International Group's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$514 Mil.

Colliers International Group's quarterly Long-Term Capital Lease Obligation increased from Mar. 2024 (C$487 Mil) to Jun. 2024 (C$509 Mil) and increased from Jun. 2024 (C$509 Mil) to Sep. 2024 (C$514 Mil).

Colliers International Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (C$380 Mil) to Dec. 2022 (C$438 Mil) and increased from Dec. 2022 (C$438 Mil) to Dec. 2023 (C$504 Mil).

Colliers International Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Colliers International 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.

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Colliers International Group Long-Term Capital Lease Obligation Chart

Colliers International Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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301.87

322.38

379.69

438.11

503.71

Colliers International Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															465.18	503.71	487.10	509.30	514.01

Colliers International Group (TSX:CIGI) 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.

Colliers International Group Long-Term Capital Lease Obligation Related Terms

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Colliers International Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Colliers International Group Inc (TSX:CIGI) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CIGI:USA

Address

1140 Bay Street, Suite 4000, Toronto, ON, CAN, M5S 2B4

Website

https://www.colliers.com

Colliers International Group Inc is a real estate services and investment management company. The company provides commercial real estate professional services and investment management to corporate and institutional clients around the world. It's primary service lines are Outsourcing & Advisory, Investment Management, Leasing and Capital Markets. Operationally, company is organized into four distinct segments: Americas; Europe, Middle East and Africa, Asia and Australasia and Investment Management.