GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Harland & Wolff Group Holdings PLC (LSE:HARL) » Definitions » Long-Term Capital Lease Obligation

Harland & Wolff Group Holdings (LSE:HARL) Long-Term Capital Lease Obligation : £0.00 Mil (As of Jun. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Harland & Wolff Group Holdings Long-Term Capital Lease Obligation?

Harland & Wolff Group Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.00 Mil.

Harland & Wolff Group Holdings's quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 (£13.89 Mil) to Dec. 2022 (£19.46 Mil) but then declined from Dec. 2022 (£19.46 Mil) to Jun. 2023 (£0.00 Mil).

Harland & Wolff Group Holdings's annual Long-Term Capital Lease Obligation increased from Jul. 2019 (£0.00 Mil) to Jul. 2020 (£13.70 Mil) and increased from Jul. 2020 (£13.70 Mil) to Dec. 2022 (£19.46 Mil).


Harland & Wolff Group Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Harland & Wolff Group 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.

Harland & Wolff Group Holdings Long-Term Capital Lease Obligation Chart

Harland & Wolff Group Holdings Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 13.70 19.46

Harland & Wolff Group Holdings Semi-Annual Data
Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jun22 Dec22 Jun23
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 13.70 13.81 13.89 19.46 -

Harland & Wolff Group Holdings  (LSE:HARL) 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.

Harland & Wolff Group Holdings Long-Term Capital Lease Obligation Related Terms

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


Harland & Wolff Group Holdings (LSE:HARL) Business Description

Traded in Other Exchanges
Address
2 Swan Lane, Fieldfisher Riverbank House, London, GBR, EC4R 3TT
Harland & Wolff Group Holdings PLC is a multisite fabrication company, operating in the maritime and offshore industry through markets such as commercial, cruise and ferry, and renewables and six services namely technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support and conversion. The Comapny is organised into 6 segments: Cruise & Ferry, Commercial, Energy, Defence, Renewables and other being Head Office related. The Company generates revenue from multiple streams including shipbuilding, engineering (e.g. fabrication of wind turbines) and ship repairs and maintenance.

Harland & Wolff Group Holdings (LSE:HARL) Headlines