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Crown Resorts (ASX:CWNHB.PFD) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2021)


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What is Crown Resorts Long-Term Capital Lease Obligation?

Crown Resorts's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2021 was A$0.00 Mil.

Crown Resorts's quarterly Long-Term Capital Lease Obligation increased from Dec. 2020 (A$0.00 Mil) to Jun. 2021 (A$65.70 Mil) but then declined from Jun. 2021 (A$65.70 Mil) to Dec. 2021 (A$0.00 Mil).

Crown Resorts's annual Long-Term Capital Lease Obligation increased from Jun. 2019 (A$0.00 Mil) to Jun. 2020 (A$51.50 Mil) and increased from Jun. 2020 (A$51.50 Mil) to Jun. 2021 (A$65.70 Mil).


Crown Resorts Long-Term Capital Lease Obligation Historical Data

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

Crown Resorts Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.88 - - 51.50 65.70

Crown Resorts Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 - 51.50 - 65.70 -

Crown Resorts  (ASX:CWNHB.PFD) 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.

Crown Resorts Long-Term Capital Lease Obligation Related Terms

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Crown Resorts (ASX:CWNHB.PFD) Business Description

Traded in Other Exchanges
N/A
Address
8 Whiteman Street, Level 3, Crown Towers, Southbank, Melbourne, VIC, AUS, 3006
Crown Resorts is Australia's largest hotel-casino company. Its flagship property is Crown Melbourne, an integrated complex with more than 2,600 electronic game machines, or EGMs, 540 tables, and three hotels. Crown also operates Crown Perth, a property with more than 2,500 EGMs, 350 tables, and three hotels. Crown has also obtained a licence to operate Sydney's second casino, Crown Sydney, centred on the VIP and premium gaming market. The company also operates Aspinall's, a boutique, premium-focussed casino in London.

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