Zimre Holdings (XZIM:ZIMR.ZW) Long-Term Capital Lease Obligation : ZWL3,084 Mil (As of Dec. 2023)

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

What is Zimre Holdings Long-Term Capital Lease Obligation?

Zimre Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ZWL3,084 Mil.

Zimre Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (ZWL103 Mil) to Jun. 2023 (ZWL388 Mil) and increased from Jun. 2023 (ZWL388 Mil) to Dec. 2023 (ZWL3,084 Mil).

Zimre Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (ZWL0 Mil) to Dec. 2022 (ZWL103 Mil) and increased from Dec. 2022 (ZWL103 Mil) to Dec. 2023 (ZWL3,084 Mil).

Zimre Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zimre Holdings'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.

Zimre Holdings Long-Term Capital Lease Obligation Chart

Zimre Holdings Annual Data

Trend

Dec08

Dec09

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

8.47

102.68

3,084.36

Zimre Holdings Semi-Annual Data
	Dec09	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial								-	100.31	102.68	388.23	3,084.36

Zimre Holdings (XZIM:ZIMR.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.

Zimre Holdings Long-Term Capital Lease Obligation Related Terms

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

Zimre Holdings (XZIM:ZIMR.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zimre Holdings Ltd (XZIM:ZIMR.ZW) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

Smatsatsa Office Park, 2nd Floor, D Block, P.O. Box 4839, Borrowdale, Stand Number 10667, Harare, ZWE

Website

https://www.zhl.co.zw

Zimre Holdings Ltd is a Zimbabwe-based investment holding company. The firm operates its business activities in five segments. The Reinsurance segment offers short-term reinsurance products and services to general insurance companies locally, regionally and internationally. The Life reassurance segment offers its services to life assurance companies and medical aid societies locally and regionally. The Property segment is engaged in leasing, developing, managing, selling and buying properties. General insurance offers short-term insurance products and services directly to policyholders locally. Life and Pension segment. The Reinsurance segment contributes to the majority of the company's revenue. Zimre has operations in Botswana, Malawi, Mozambique, South Africa, Zambia and Zimbabwe.

Zimre Holdings (XZIM:ZIMR.ZW) Headlines

No Headlines