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Arvida Group (NS) (NZSE:ARV) Long-Term Capital Lease Obligation : NZ$5.1 Mil (As of Mar. 2024)


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What is Arvida Group (NS) Long-Term Capital Lease Obligation?

Arvida Group (NS)'s Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was NZ$5.1 Mil.

Arvida Group (NS)'s quarterly Long-Term Capital Lease Obligation declined from Mar. 2023 (NZ$6.1 Mil) to Sep. 2023 (NZ$0.0 Mil) but then increased from Sep. 2023 (NZ$0.0 Mil) to Mar. 2024 (NZ$5.1 Mil).

Arvida Group (NS)'s annual Long-Term Capital Lease Obligation increased from Mar. 2022 (NZ$1.5 Mil) to Mar. 2023 (NZ$6.1 Mil) but then declined from Mar. 2023 (NZ$6.1 Mil) to Mar. 2024 (NZ$5.1 Mil).


Arvida Group (NS) Long-Term Capital Lease Obligation Historical Data

The historical data trend for Arvida Group (NS)'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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Arvida Group (NS) Long-Term Capital Lease Obligation Chart

Arvida Group (NS) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.87 3.98 1.54 6.13 5.10

Arvida Group (NS) Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 1.54 - 6.13 - 5.10

Arvida Group (NS)  (NZSE:ARV) 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.

Arvida Group (NS) Long-Term Capital Lease Obligation Related Terms

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Arvida Group (NS) (NZSE:ARV) Business Description

Traded in Other Exchanges
N/A
Address
29 Customs Street West, Aon Centre, Level 15, Auckland, NTL, NZL, 1010
Arvida Group Ltd (NS) is engaged in operating aged care facilities and retirement villages. Aged care facilities include rest homes, hospitals, and secure dementia care. Retirement living consists of the independent living facility which provides residents to continue living independently and to enjoy a retirement village lifestyle and facilities knowing that care is available if and when they should need it, and assisted living which is focused on providing residents with the support and care they require. The group provides services primarily in New Zealand.

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