Allfunds Group (XAMS:ALLFG) Long-Term Capital Lease Obligation : €17 Mil (As of Dec. 2023)

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What is Allfunds Group Long-Term Capital Lease Obligation?

Allfunds Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €17 Mil.

Allfunds Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (€11 Mil) to Jun. 2023 (€15 Mil) and increased from Jun. 2023 (€15 Mil) to Dec. 2023 (€17 Mil).

Allfunds Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€13 Mil) to Dec. 2022 (€11 Mil) but then increased from Dec. 2022 (€11 Mil) to Dec. 2023 (€17 Mil).

Allfunds Group Long-Term Capital Lease Obligation Historical Data

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

Allfunds Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

12.98

12.19

12.73

11.16

16.51

Allfunds Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				12.73	13.80	11.16	14.55	16.51

Allfunds Group (XAMS:ALLFG) 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.

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Allfunds Group (XAMS:ALLFG) Business Description

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Traded in Other Exchanges

ALLFGa:UK 0AAL:UK 6UY:Germany

Address

8 Mortimer Street, 2 Fitzroy Place, London, GBR, W1T 3JJ

Website

https://investors.allfunds.com

Allfunds is a fund distribution platform connecting fund houses and distributors, creating a single access point for both sides to gain a wider reach with regard to assets under administration and fund variety, respectively. As of 2022, Allfunds had EUR 1.3 trillion in assets under administration stemming from about 860 distributors on its platform. In return, distributors gained access to about 139,000 funds from 3,000 different fund houses. Allfunds also provides ancillary services to both fund houses and distributors, covering the marketing, distribution, legal, regulatory, as well as data and analytics needs arising in the fund distribution space. Allfunds derives the majority of its revenue from Italy, Spain, and France.

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