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G8 Education (ASX:GEM) Other Long-Term Liabilities : A$11.3 Mil (As of Dec. 2023)


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What is G8 Education Other Long-Term Liabilities?

G8 Education's other long-term liabilities for the quarter that ended in Dec. 2023 was A$11.3 Mil.

G8 Education's quarterly other long-term liabilities increased from Dec. 2022 (A$11.2 Mil) to Jun. 2023 (A$578.5 Mil) but then declined from Jun. 2023 (A$578.5 Mil) to Dec. 2023 (A$11.3 Mil).

G8 Education's annual other long-term liabilities declined from Dec. 2021 (A$16.7 Mil) to Dec. 2022 (A$11.2 Mil) but then increased from Dec. 2022 (A$11.2 Mil) to Dec. 2023 (A$11.3 Mil).

G8 Education Other Long-Term Liabilities Historical Data

The historical data trend for G8 Education's Other Long-Term Liabilities 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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G8 Education Other Long-Term Liabilities Chart

G8 Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Long-Term Liabilities
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G8 Education Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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G8 Education Other Long-Term Liabilities Calculation

Other Long-Term Liabilities are the other liabilities on the balance sheet that do not need to be repaid within the next 12 months, but still need to be repaid over time. For instance, on Wal-Mart's balance sheet, there are items called Long Term obligations under capital leases, deferred income taxes, and redeemable non-controlling interest. These are all Other Long-Term Liabilities.

G8 Education Other Long-Term Liabilities Related Terms

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G8 Education (ASX:GEM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » G8 Education Ltd (ASX:GEM) » Definitions » Other Long-Term Liabilities
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Traded in Other Exchanges
3EAG:Germany
Address
159 Varsity Parade, Varsity Lakes, Gold Coast, QLD, AUS, 4227
Website
https://www.g8education.edu.au
G8 Education Ltd operates a portfolio of around 438 childcare centres in Australia, implying a market share of less than 10%. The company relies on government subsidies, which comprise around 60% of childcare fees, but we expect subsidies to grow with childcare demand. G8 does not own the buildings from which its childcare centres operate, and labour costs comprise around 60% of revenue. Rental costs comprise around 10-15%.