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Broadridge Financial Solutions (BSP:B1RF34) Long-Term Capital Lease Obligation : R$875 Mil (As of Mar. 2024)


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What is Broadridge Financial Solutions Long-Term Capital Lease Obligation?

Broadridge Financial Solutions's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$875 Mil.

Broadridge Financial Solutions's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (R$947 Mil) to Dec. 2023 (R$897 Mil) and declined from Dec. 2023 (R$897 Mil) to Mar. 2024 (R$875 Mil).

Broadridge Financial Solutions's annual Long-Term Capital Lease Obligation declined from Jun. 2021 (R$1,323 Mil) to Jun. 2022 (R$1,150 Mil) and declined from Jun. 2022 (R$1,150 Mil) to Jun. 2023 (R$963 Mil).


Broadridge Financial Solutions Long-Term Capital Lease Obligation Historical Data

The historical data trend for Broadridge Financial Solutions'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.

Broadridge Financial Solutions Long-Term Capital Lease Obligation Chart

Broadridge Financial Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,495.82 1,323.00 1,149.87 963.46

Broadridge Financial Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,099.02 963.46 947.24 896.66 874.95

Broadridge Financial Solutions  (BSP:B1RF34) 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.

Broadridge Financial Solutions Long-Term Capital Lease Obligation Related Terms

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Broadridge Financial Solutions (BSP:B1RF34) Business Description

Traded in Other Exchanges
Address
5 Dakota Drive, Suite 300, Lake Success, NY, USA, 11042
Broadridge Financial Solutions, which was spun off from ADP in 2007, is a leading provider of investor communications and technology-driven solutions to banks, broker/dealers, asset managers, wealth managers, and corporate issuers. Broadridge is composed of two segments: investor communication solutions, or ICS, and global technology and operations, or GTO.

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