Savills (LSE:SVS) Long-Term Capital Lease Obligation : £201 Mil (As of Dec. 2023)

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What is Savills Long-Term Capital Lease Obligation?

Savills's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £201 Mil.

Savills's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (£224 Mil) to Jun. 2023 (£206 Mil) and declined from Jun. 2023 (£206 Mil) to Dec. 2023 (£201 Mil).

Savills's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (£237 Mil) to Dec. 2022 (£224 Mil) and declined from Dec. 2022 (£224 Mil) to Dec. 2023 (£201 Mil).

Savills Long-Term Capital Lease Obligation Historical Data

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

Savills Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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221.80

259.00

237.00

224.40

201.30

Savills 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															237.00	239.30	224.40	206.20	201.30

Savills (LSE:SVS) 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.

Savills Long-Term Capital Lease Obligation Related Terms

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Savills (LSE:SVS) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Savills PLC (LSE:SVS) » Definitions » Long-Term Capital Lease Obligation

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SVSl:UK

Address

33 Margaret Street, London, GBR, W1G 0JD

Website

https://www.savills.com

Savills PLC is a real estate services provider that offers consulting, management, & transactional services. The company's network spreads throughout the U.S., the U.K., continental Europe, Asia-Pacific, North America, and the Middle East. Its segments include the transactional advisory segment, which consists of commercial & residential leasing & investment advice on purchases & sales; the consultancy segment, which provides property valuation, building, & housing consultancy, corporate services, & research; the property & facilities management segment, which provides services to occupiers of property; & the investment management segment, which manages property portfolios for institutional, corporate, or private investors. The majority is from the Property & Facilities management segment.

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