Nightcap (LSE:NGHT) Long-Term Capital Lease Obligation : £40.68 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Nightcap Long-Term Capital Lease Obligation?

Nightcap's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £40.68 Mil.

Nightcap's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (£36.08 Mil) to Jun. 2023 (£34.59 Mil) but then increased from Jun. 2023 (£34.59 Mil) to Dec. 2023 (£40.68 Mil).

Nightcap's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (£12.46 Mil) to Jun. 2022 (£25.25 Mil) and increased from Jun. 2022 (£25.25 Mil) to Jun. 2023 (£34.59 Mil).

Nightcap Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nightcap'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.

Nightcap Long-Term Capital Lease Obligation Chart

Nightcap Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

4.70

12.46

25.25

34.59

Nightcap Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			20.68	25.25	36.08	34.59	40.68

Nightcap (LSE:NGHT) 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.

Nightcap Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Nightcap's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Nightcap (LSE:NGHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Nightcap PLC (LSE:NGHT) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/O Locke Lord (UK) LLP, 201 Bishopsgate, London, GBR, EC2M 3AB

Website

https://www.nightcapplc.com

Nightcap PLC operates cocktail-bars. It focuses on the hospitality industry and in consumer preferences. It acquires, recapitalizes and develops drinks-led concepts with potential across the UK.