Premier Veterinary Group (AQSE:PVG.GB) Long-Term Capital Lease Obligation : £0.00 Mil (As of Mar. 2020)

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What is Premier Veterinary Group Long-Term Capital Lease Obligation?

Premier Veterinary Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2020 was £0.00 Mil.

Premier Veterinary Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Premier Veterinary Group'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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Premier Veterinary Group Long-Term Capital Lease Obligation Chart

Premier Veterinary Group Annual Data

Trend

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Long-Term Capital Lease Obligation

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Premier Veterinary Group Semi-Annual Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Premier Veterinary Group (AQSE:PVG.GB) 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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Premier Veterinary Group (AQSE:PVG.GB) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Premier Veterinary Group PLC (AQSE:PVG.GB) » Definitions » Long-Term Capital Lease Obligation

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Address

Bond Street, New Bond House, Bristol, GBR, BS2 9AG

Website

http://www.premiervetgroup.co.uk

Premier Veterinary Group PLC is a non-medical service provides mainly to veterinary centers. The company business operates in the veterinary industry and mainly provides support services for day to day running of veterinary centers. The company business is organized into three geographical regions: Premier Pet Care Plan (PPCP) the United Kingdom, PPCP Europe (including the Republic of Ireland), and PPCP US. Most of its revenues are generated from the Premier Pet Care Plan - UK.

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