Ares Management (STU:0QN) Long-Term Capital Lease Obligation : €293 Mil (As of Dec. 2023)

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What is Ares Management Long-Term Capital Lease Obligation?

Ares Management's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €293 Mil.

Ares Management's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (€191 Mil) to Sep. 2023 (€306 Mil) but then declined from Sep. 2023 (€306 Mil) to Dec. 2023 (€293 Mil).

Ares Management's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€181 Mil) to Dec. 2022 (€180 Mil) but then increased from Dec. 2022 (€180 Mil) to Dec. 2023 (€293 Mil).

Ares Management Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ares Management'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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Ares Management Long-Term Capital Lease Obligation Chart

Ares Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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151.94

148.15

181.49

179.94

293.05

Ares Management Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															178.48	190.89	306.31	293.05	-

Ares Management (STU:0QN) 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.

Ares Management Long-Term Capital Lease Obligation Related Terms

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Ares Management (STU:0QN) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ares Management Corp (STU:0QN) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

ARES:USA 0QN:Germany

Address

2000 Avenue of the Stars, 12th Floor, Los Angeles, CA, USA, 90067

Website

https://www.aresmgmt.com

Ares Management Corp is an asset management company based in the United States. It offers investors investment-related advice and strategies for capital growth. The company's operating segments include Credit Group, Private Equity Group, Real Estate Group, Secondaries Group, and Strategic Initiatives. Its Credit Group generates maximum revenue, and manages credit strategies across the liquid and illiquid spectrum. Private Equity Group manages investment strategies categorized as corporate private equity, infrastructure and power, and special opportunities, Real Estate Group is engaged in managing real estate equity and debt strategies. The Secondary Solutions Group invests in secondary markets across a range of asset class including private equity, real estate, and infrastructure.

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