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Willdale (XZIM:WILD.ZW) Long-Term Capital Lease Obligation : ZWL435 Mil (As of Sep. 2023)


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What is Willdale Long-Term Capital Lease Obligation?

Willdale's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was ZWL435 Mil.

Willdale's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (ZWL158 Mil) to Mar. 2023 (ZWL77 Mil) but then increased from Mar. 2023 (ZWL77 Mil) to Sep. 2023 (ZWL435 Mil).

Willdale's annual Long-Term Capital Lease Obligation increased from Sep. 2021 (ZWL0 Mil) to Sep. 2022 (ZWL158 Mil) and increased from Sep. 2022 (ZWL158 Mil) to Sep. 2023 (ZWL435 Mil).


Willdale Long-Term Capital Lease Obligation Historical Data

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

Willdale Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - 158.47 435.09

Willdale Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - 158.47 77.23 435.09

Willdale  (XZIM:WILD.ZW) 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.

Willdale Long-Term Capital Lease Obligation Related Terms

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Willdale (XZIM:WILD.ZW) Business Description

Traded in Other Exchanges
N/A
Address
19.5km Peg Lomagundi Road, Mount Hampden, Harare, ZWE
Willdale Ltd is a clay brick manufacturer and distributor in Zimbabwe. Its clay brick products portfolio includes Blue Heart, Blue Multi, Blue Smooth, Cinker, Dark Splashed, Rustic, window Cill, Red Defour, Plum, and others. Geographically company has a presence in Zimbabwe.

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