Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) Long-Term Capital Lease Obligation : د.إ1,576 Mil (As of Mar. 2024)

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What is Alpha Dhabi Holding PJSC Long-Term Capital Lease Obligation?

Alpha Dhabi Holding PJSC's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ1,576 Mil.

Alpha Dhabi Holding PJSC's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (د.إ980 Mil) to Sep. 2023 (د.إ1,393 Mil) and increased from Sep. 2023 (د.إ1,393 Mil) to Mar. 2024 (د.إ1,576 Mil).

Alpha Dhabi Holding PJSC's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (د.إ63 Mil) to Dec. 2021 (د.إ546 Mil) and increased from Dec. 2021 (د.إ546 Mil) to Dec. 2022 (د.إ2,366 Mil).

Alpha Dhabi Holding PJSC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Alpha Dhabi Holding PJSC'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.

Alpha Dhabi Holding PJSC Long-Term Capital Lease Obligation Chart

Alpha Dhabi Holding PJSC Annual Data

Trend

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

63.29

545.58

2,365.90

Alpha Dhabi Holding PJSC Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial										2,365.90	886.17	980.15	1,393.02	1,576.08

Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) 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.

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Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

N/A

Address

108, Al Muntazah Street, Office 1003, Level 10, TwoFour54 Building 6, P.O. Box 111059, Adjacent Park Rotana Hotel, Abu Dhabi, ARE

Website

https://www.alphadhabi.com

Alpha Dhabi Holding PJSC is an investment holding company in the UAE. It invests in five major verticals namely industrials, which relates to the providing of dredging and associated land reclamation works; healthcare, which includes hospital and medical laboratory management services and laboratory diagnostic services; Construction segment provides contracting services relating to saleable and residential buildings, infrastructure development and civil construction works; Real estate, which includes rental income from properties and income from investment in real estate companies or sale of real estate; and Services, which comprise management services, hospitality income as well as a variety of smaller ancillary activities. It generates the majority of its revenue from the UAE.

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