Chesnara (Chesnara) Long-Term Capital Lease Obligation : $1 Mil (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Chesnara Long-Term Capital Lease Obligation?

Chesnara's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1 Mil.

Chesnara's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 ($1 Mil) to Jun. 2023 ($2 Mil) but then declined from Jun. 2023 ($2 Mil) to Dec. 2023 ($1 Mil).

Chesnara's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($3 Mil) to Dec. 2022 ($1 Mil) but then increased from Dec. 2022 ($1 Mil) to Dec. 2023 ($1 Mil).

Chesnara Long-Term Capital Lease Obligation Historical Data

The historical data trend for Chesnara'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.

Chesnara Long-Term Capital Lease Obligation Chart

Chesnara Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

3.31

3.82

2.66

0.73

0.76

Chesnara Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2.66	2.03	0.73	1.86	0.76

Chesnara (OTCPK:CSNRF) 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.

Chesnara Long-Term Capital Lease Obligation Related Terms

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

Chesnara (Chesnara) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Chesnara PLC (OTCPK:CSNRF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CSNl:UK CSN.GB:UK CSN:UK 6DE:Germany

Address

West Strand Road, 2nd Floor, Building 4, West Strand Business Park, Preston, Lancashire, GBR, PR1 8UY

Website

https://www.chesnara.co.uk

Chesnara PLC acts as a Life Assurance and pension consolidator in the United Kingdom. Its reportable segments include UK, Movestic, Waard Group, Scildon, and Other group activities. It derives maximum revenue from the Scildon segment. The group investment markets include Australia, the UK, Hong Kong, Japan, and the USA. It provides unit-linked and non-linked contracts, which include death and morbidity benefits on whole life, endowment and term assurance basis as well as immediate annuity plans written from vesting pensions through its subsidiary.

Chesnara (Chesnara) Headlines

From GuruFocus

Half Year 2022 Chesnara PLC Earnings Call Transcript

By GuruFocus Research • 03-02-2024

Chesnara PLC Presentation and Q&A Transcript

By GuruFocus Research • 03-02-2024

Half Year 2023 Chesnara PLC Earnings Presentation Transcript

By GuruFocus Research • 03-02-2024

Full Year 2022 Chesnara PLC Earnings Call Transcript

By GuruFocus Research • 03-02-2024