LendInvest (FRA:82H) Long-Term Capital Lease Obligation : €3.25 Mil (As of Sep. 2023)

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What is LendInvest Long-Term Capital Lease Obligation?

LendInvest's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was €3.25 Mil.

LendInvest's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (€4.35 Mil) to Mar. 2023 (€2.49 Mil) but then increased from Mar. 2023 (€2.49 Mil) to Sep. 2023 (€3.25 Mil).

LendInvest's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (€4.78 Mil) to Mar. 2022 (€3.71 Mil) and declined from Mar. 2022 (€3.71 Mil) to Mar. 2023 (€2.49 Mil).

LendInvest Long-Term Capital Lease Obligation Historical Data

The historical data trend for LendInvest'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.

LendInvest Long-Term Capital Lease Obligation Chart

LendInvest Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

6.38

4.78

3.71

2.49

LendInvest Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				5.34	3.71	4.35	2.49	3.25

LendInvest (FRA:82H) 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.

LendInvest Long-Term Capital Lease Obligation Related Terms

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LendInvest (FRA:82H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » LendInvest PLC (FRA:82H) » Definitions » Long-Term Capital Lease Obligation

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LINV:UK

Address

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

Website

https://www.lendinvest.com

LendInvest PLC is a platform for property finance. It offers short-term, development, and buy-to-let mortgages to intermediaries, landlords, and developers across the UK.

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