PZ Cussons (LSE:PZC) Long-Term Capital Lease Obligation : £10.6 Mil (As of Nov. 2023)

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What is PZ Cussons Long-Term Capital Lease Obligation?

PZ Cussons's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2023 was £10.6 Mil.

PZ Cussons's quarterly Long-Term Capital Lease Obligation declined from Nov. 2022 (£11.9 Mil) to May. 2023 (£11.3 Mil) and declined from May. 2023 (£11.3 Mil) to Nov. 2023 (£10.6 Mil).

PZ Cussons's annual Long-Term Capital Lease Obligation increased from May. 2021 (£8.7 Mil) to May. 2022 (£14.0 Mil) but then declined from May. 2022 (£14.0 Mil) to May. 2023 (£11.3 Mil).

PZ Cussons Long-Term Capital Lease Obligation Historical Data

The historical data trend for PZ Cussons'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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PZ Cussons Long-Term Capital Lease Obligation Chart

PZ Cussons Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Long-Term Capital Lease Obligation

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10.40

8.70

14.00

11.30

PZ Cussons Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															7.50	14.00	11.90	11.30	10.60

PZ Cussons (LSE:PZC) 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.

PZ Cussons Long-Term Capital Lease Obligation Related Terms

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PZ Cussons (LSE:PZC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PZ Cussons PLC (LSE:PZC) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

PZCUY:USA PZCl:UK 1ZQ:Germany

Address

Manchester Business Park, 3500 Aviator Way, Manchester, GBR, M22 5TG

Website

https://www.pzcussons.com

PZ Cussons PLC is a household and personal-care company. Its main business categories are personal care and beauty, home care, food and nutrition, and electricals. Its key geographies are Africa (Ghana, Nigeria, and Kenya); Europe (the UK, Poland, and Greece); Asia (Australia, Thailand, and Indonesia); and the US The personal care and beauty segment offers shower gels, soaps, and haircare products under brands like Cussons Baby and Carex. Thu home care division offers dishwashers and laundry detergents under the Zip, Radiant, and Morning Fresh brands. The food and nutrition division provides organic yogurts, olive oil, and baby food under the Minerva and Rafferty's Garden brands. The electrical division offers electrical household items such as audiovisual products and air conditioners.