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NZX (NZSE:NZX) Long-Term Capital Lease Obligation : NZ$19.8 Mil (As of Dec. 2023)


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What is NZX Long-Term Capital Lease Obligation?

NZX's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$19.8 Mil.

NZX's quarterly Long-Term Capital Lease Obligation stayed the same from Dec. 2022 (NZ$0.0 Mil) to Jun. 2023 (NZ$0.0 Mil) but then increased from Jun. 2023 (NZ$0.0 Mil) to Dec. 2023 (NZ$19.8 Mil).

NZX's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (NZ$12.4 Mil) to Dec. 2022 (NZ$0.0 Mil) but then increased from Dec. 2022 (NZ$0.0 Mil) to Dec. 2023 (NZ$19.8 Mil).


NZX Long-Term Capital Lease Obligation Historical Data

The historical data trend for NZX'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.

NZX Long-Term Capital Lease Obligation Chart

NZX Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.17 5.72 12.38 - 19.77

NZX Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 12.38 - - - 19.77

NZX  (NZSE:NZX) 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.

NZX Long-Term Capital Lease Obligation Related Terms

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NZX (NZSE:NZX) Business Description

Industry
Traded in Other Exchanges
Address
11 Cable Street, Level 1 / NZX Centre, P.O. Box 2959, Wellington, NZL, 6011
NZX Ltd facilitates capital raising and securities trading. Its main function is to provide a market for the trading, clearing, and settlement of securities. It also provides market data relating to listed companies and indexes. It operates the New Zealand securities, derivatives, and energy markets, builds and maintains the infrastructure on which it operates, and provides a range of information and data to support market growth and development on a scale. NZX also provides wealth management services for New Zealand advisers via its Wealth Technologies business. Its segments include Markets, Funds Management, and Wealth Technologies.

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